Author: completebodyneeds

The U.S. Department of Labor has proposed more than $3.5 million in fines against three companies after federal inspectors determined they failed to protect workers during post-emergency response cleanup after a chemical spill at the BWC Terminals industrial facility east of Houston, Texas. The department’s Occupational Safety and Health Administration initiated three inspections after a Dec. 27, 2025, sulfuric acid spill at the BWC Terminals LLC industrial facility in Channelview led to multiple employee injuries. OSHA found that despite safety warnings, BWC Terminals mixed fresh and spent sulfuric acid, triggering a tank overpressure that ruptured a supply line releasing 1…

Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday. The findings by energy research firm Wood Mackenzie highlighted tension between President Donald Trump’s goal of fast-tracking energy infrastructure to support the artificial intelligence boom and his opposition to renewable energy. The report said it looked at early-stage projects valued at $121 billion that face investment risks due to delays. A total of 92 gigawatts of clean…

Four people have died due to flooding from thunderstorms in Kentucky, Gov. Andy Beshear said Saturday, and he declared a state of emergency with additional rainfall expected. Flash flood warnings were in effect Saturday for parts of Kentucky and Indiana amid heavy rainfall, according to the National Weather Service. The agency late Saturday afternoon said between 4 and 10 inches of rain had already fallen in some parts of southwestern Indiana, with more possible. Beshear’s office said up to 7 inches of rain were expected in parts of his state through the late evening. He said on social media that…

The US Supreme Court refused to review the constitutionality of a now-rescinded Securities and Exchange Commission policy that forced people and companies settling enforcement cases to never publicly criticize or contest the Wall Street watchdog’s claims. The justices without comment on Monday turned away a constitutional challenge over whether the SEC’s so-called gag rule violated individuals’ rights. The justices declined to hear arguments from Thomas Powell, who was accused by the SEC in 2021 of making misrepresentations and omissions in connection with more than a dozen unregistered oil and gas securities offerings. Powell agreed to pay a penalty of $75,000…

Neptune Insurance, one of the largest private flood insurance providers, has doubled its policy limits on most types of coverage, including limits of up to $15 million on commercial and residential structures, the company announced. “Property values have continued to rise, but flood insurance coverage hasn’t always kept pace,” said Trevor Burgess, chairman and chief executive officer of St. Petersburg, Florida-headquartered Neptune. The move gives Neptune’s nationwide network of 45,000 insurance agents more flexibility in writing flood coverage, as takeup on National Flood Insurance Program policies remains relatively low for many parts of the country. The new $15 million cap…

The 72-year-old former head of Italy’s state railway company has begun a five-year jail term over a 2009 derailment that killed 32 people, in a case highlighting the issue of management liability and the snail’s pace of Italian justice. Mauro Moretti was the CEO of Ferrovie dello Stato (FS) when a goods train came off the line as it passed through the station of Viareggio in Tuscany. Its cargo of liquefied gas exploded, triggering a huge fire in the station and surrounding area. After a lengthy initial trial, Moretti was given a seven-year jail term in 2017. He did not…

Private equity-backed insurance broker Hub International announced on Friday that it has confidentially filed for an initial public offering in the United States. The Chicago-based company was valued at $29 billion in its last funding round in 2025, led by T Rowe Price, Alpha Wave Global and Singapore’s state investor Temasek. The U.S. IPO market rebounded in April after a brief lull driven by geopolitical tensions, with companies across sectors filing to gauge investor appetite. Within the insurance sector, brokers have dominated recent listings, accounting for six of the 16 largest IPOs since 2021, led by Ryan Specialty Holdings, according…

Commercial traffic through the Strait of Hormuz persisted at a reduced level after attacks on two ships raised fresh concerns about the ability and willingness of shipowners to traverse the waterway. A handful of vessels made open transits over the weekend, according to tracking data. Among them, two very large crude carriers made their way into the Persian Gulf without cargoes, while a French-flagged container ship and two laden oil tankers left the inland sea, the data show. Despite the drop in observed transits at the weekend, traffic was still higher than for most of the US-Iran war. That trend…

This article is part of a sponsored series by OIP Insurtech. Scaling submission operations and underwriting efficiency with BoundAI Bridge Specialty Group (BSG), a division of Arrowhead Intermediaries, is a global specialty insurance wholesaler representing a portfolio of specialty brands with offices across the United States, the United Kingdom, and Europe. BSG has built its position in the specialty market on speed, technical depth, and broker responsiveness. As BSG’s book of business grew, so did the submission volume. To continue delivering the speed, responsiveness, and service agents expect, BSG partnered with BoundAI to modernize its intake and clearance operation. The…

This article is part of a sponsored series by Fulcrum. Across the insurance industry there is growing excitement, along with a rapidly expanding set of technology options. AI tools, automation platforms, and digital submission systems promise to make agencies faster, more efficient, and easier to do business with. But the organizations that see the greatest impact from these tools usually have something in common. They have already invested in the way their business operates. Technology does not transform an organization on its own. Its impact depends on the workflows, data practices, and day-to-day processes already in place. Many insurance organizations…