Author: completebodyneeds

UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals new information from former insiders about how UnitedHealth handled cybersecurity after an acquisition of a company that would later suffer the largest US healthcare data breach on record. It also alleged that UnitedHealth, which owns the largest US health insurer, shut down an internal audit program that showed problems in its Medicare billing. UnitedHealth has previously faced allegations from whistleblowers…

Hurricanes, wildfires and other major weather events often dominate attention, but severe convective storms remain one of the most frequent and costly weather threats facing businesses. In 2025, there were a total of 23 billion-dollar disasters; 21 were severe storms. National data also shows the average cost of these storms trending higher. Last year, the average five-year damage cost stood at $40.9 billion versus $22.5 billion (adjusted for inflation) just 10 years earlier. Most commercial insurance agents and their clients recognize the threat – Nationwide’s research shows two-thirds of commercial property owners are highly concerned about severe weather – but…

A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 miles per hour, just below tropical storm strength on Wednesday, the U.S. National Hurricane Center said. Currently, the storm is forecast to remain below hurricane strength as it nears the island chain early Saturday. Related: Typhoon Season Forecast to Be Among Most Intense Ever for Asia “Interests in the Hawaiian Islands should closely monitor the progress of this system,” Richard…

Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New York listing. Shareholders of Atlanta-based Accelerant will receive $20.25 per share in cash, representing a 49% premium over its previous closing price. Its shares jumped 44% premarket. The deal, expected to close in the first half of 2027, will end Accelerant’s short stint as a listed company and allow it to focus on the business away from public market pressures. Accelerant’s stock has struggled over the past…

German companies are reporting growing disruption from Rhine water levels that have hit record lows, with chemical producers, utilities, steelmakers and agricultural traders warning of higher costs, transport bottlenecks and curbed production. While Germany has not yet suffered the widespread production outages experienced during previous Rhine crises, traders said on Tuesday it was no longer possible to book some cargo shipments after weeks of drought and companies are increasingly reporting operational issues. Chemicals company Covestro said the lack of transport capacity could not be offset fully despite shifting volumes to trucks and trains wherever possible and it has declared force…

This article is part of a sponsored series by Fulcrum. After nearly two decades working inside agencies and helping teams implement and redesign their operating models, I have come to think that most frustrations with agency management systems are pointing at the wrong target. The AMS is doing its job. The gap tends to live in the work happening around it. What the AMS Was Built to Do Agency management systems are exceptional at what they were designed for. They hold the record, store the policy data, organize the account history, and give the business the reporting foundation it depends…

Russia may escalate attacks against the Baltic States and Poland, a European intelligence official said, amid rising concern that Moscow wants to further intimidate nations supporting Ukraine. There are indications that Russian intelligence and security services are looking at so-called hybrid warfare operations, which could include infrastructure sabotage or false-flag attacks, the intelligence official said, declining to be named in order to speak freely. Separately, the US Central Intelligence Agency told countries in the region about the potential of a future Russian attack, a European government official said. The agency declined to comment. Read more: Germany Sees Russian Covert Attacks…

Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the Persian Gulf. Satellite images show a dark, elongated trail in waters off the coastal village of Shib Deraz — a breeding ground for endangered hawksbill sea turtles — as well as black deposits on the beaches. The semi-official Iranian Students’ News Agency reported that a cleanup was underway. The risk of spills in the Gulf has increased with multiple assaults on tankers during the five-month US-Iran war. The International Maritime Organization, which keeps a tally of damage to ships, says…

British maritime security company Ambrey said on Thursday it has been engaged in the salvage of the stricken tanker Caroline Bezengi off the Omani coast and that salvage vessels are en route to support the operation. The Caroline Bezengi tanker, carrying an estimated 800,000 barrels of Russian oil and under international sanctions, ran aground on June 30 near an Omani marine nature reserve that is home to wildlife including Arabian Sea humpback whales and Socotra cormorants. Ambrey said it was working with stakeholders in Oman and has contracted a leading international oil spill response firm. Read more: Oman Says Spill…

This article is part of a sponsored series by Risk & Insurance Education Alliance. In 2020, when the COVID-19 pandemic forced organizations around the world to rethink how work got done, the Risk & Insurance Education Alliance was no exception. Like many employers, we transitioned our workforce to remote operations almost overnight. At the time, it was a temporary solution to an unprecedented challenge. Six years later, we’re still remote and intentionally so. What started as a necessity became an opportunity to evaluate how we worked, how we collaborated, and what truly mattered. As we looked at our performance, team…