Author: completebodyneeds

The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming from the conflict, some of which could include total losses of vessels. The report didn’t give a value of the potential hit, though it estimated that vessels and cargo with a combined value of $125 billion were trapped in the Persian Gulf as of June 15. Insurance premiums in the niche corner of the insurance market that protects vessels against…

Russian influence operators called it Project 2026. The plan wasn’t just to spread fabricated stories on social media platforms. It outlined efforts to create an alternative information ecosystem. Leaked documents from a private Russian agency reviewed by Bloomberg News reveal plans to build a sprawling network of Wikipedia-style reference sites, media outlets and phony think tanks to shape how people and AI chatbots understand political issues. The documents from the Social Design Agency (SDA), which has been sanctioned by the US, the UK and the European Union for supporting Kremlin-directed disinformation, show how the Moscow-based agency has emerged as a…

After several years of experimentation with generative AI and machine learning, many carriers have moved beyond asking whether AI has a role in insurance. Instead, they’re grappling with a different question: How do organizations know when an AI pilot is ready to scale? Industry leaders say the answer has less to do with technological sophistication and more to do with organizational readiness. “It’s how they talk about AI inside of their business,” said James Thom, chief product officer at Vertafore, during a panel discussion at Carrier Management’s May InsurTech Summit. “If they’re talking about the outcomes that they’re driving toward,…

President Donald Trump signed executive orders June 22 aimed at accelerating quantum research, laying the groundwork for federal agencies to adopt the technology and strengthen US defenses against cyberattacks. The orders would boost the US “as the world leader in this very important emerging field,” Trump said at the White House. “We’re already the leader by a lot, and we’re going to be now the leader by a lot more.” Quantum computing is a nascent sector but one with implications for national security that has the US and China racing to assert their dominance. Trump was joined by Alphabet Inc.…

The European Union is set to ramp up an investigation into Meta Platforms Inc. that alleges its products are addictive to children, as the bloc increases regulatory pressure on the US social media company. The EU’s executive branch, the European Commission, is preparing to issue preliminary findings that accuse Meta’s Facebook and Instagram of using exploitative design techniques to keep young users hooked, according to people familiar with the matter. Regulators haven’t set a date for when the findings will be announced, the people said, asking not to be identified because the proceedings aren’t public. Meta didn’t respond to a…

When a fire broke out a few miles from his Altadena, California, home the evening of Jan. 7, 2025, Matt Blea and his family needed to make a crucial decision: Should they stay home, or evacuate? A friend who did mountain rescue told Blea to download a free app called Watch Duty. On the app, he could see the fire’s perimeter, track evacuation orders and read updates about the emergency response. “It influenced me to leave the home sooner than later,” said Blea, who left with his wife and son that evening, before the Eaton Fire destroyed their home. Blea…

Keystone announced Kreager Insurance Services, Inc. as its newest network partner in Wisconsin. Founded more than 50 years ago, Kreager is independent insurance agency serving individuals, families, and businesses throughout Wisconsin. With offices in Marathon and Schofield, the agency is led by partners Ryan and Julie Kreager, who are focused on continuing the agency’s legacy while preparing the next generation of leadership. Was this article valuable? Yes No Here are more articles you may enjoy. The most important insurance news,in your inbox every business day. Get the insurance industry’s trusted newsletter

A majority of Texans oppose the construction of data centers in their community, including nearly two-thirds of Texans living in rural areas, according to a new poll published Tuesday. The survey of 1,200 self-reported registered voters conducted by the University of Texas/Texas Politics Project comes as Republican state officials increase their scrutiny of the tech industry and its race to build out the infrastructure needed to support the growing use of artificial intelligence. “What the data underlines is how much of a problem the business stakeholders that are heavily in favor of [data center development] have on their hands,” said…

In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first time in more than 15 years, Citizens’ president said at a board meeting Tuesday. Click to enlarge As of the end of March 2026, Florida-based carriers held 70% of the market in the state, with “pups”—Florida subsidiaries of national writers—taking 15%, President Tim Cerio’s report explained. Citizens’ share has dropped from a high of 23% in 2011, as 2022 legislative changes have made a difference, rates have stabilized and more than 20…

Alliant Insurance Services has added Yana Jones as Vice President within its Employee Benefits Group, expanding the firm’s benefits consulting capabilities in Indiana and across the region. Jones will work with employers to design benefits programs that align with business objectives, strengthen workforce retention, and support long-term growth. Jones has extensive experience advising employers on employee benefits strategy and execution throughout Indiana and the Chicagoland region. She has worked with organizations across a wide range of industries, including manufacturing, technology, financial services, and public entities, helping clients navigate complex benefits challenges. Prior to joining Alliant, Jones served as a Health…