Author: completebodyneeds

A fatal collision involving a Tesla Inc. sedan is under federal investigation after an electric vehicle slammed into a home in Texas, killing a woman inside. The US National Highway Traffic Safety Administration said Monday that it has opened a special crash investigation into the June 19 incident. The agency, which confirmed the probe in an emailed statement, didn’t offer additional details. A Tesla Model 3 crashed into a brick home near Houston on Friday evening, an incident that garnered widespread attention after it was caught on a front-door video camera. The driver told authorities he was using an automated…

Kansas Insurance Commissioner Vicki Schmidt announced that the Kansas Department of Insurance has made its annual distribution to local Firefighter Relief Associations (FRAs). Pursuant to the Kansas Firefighters Relief Act, $20,743,000 has been distributed to 552 FRAs throughout Kansas. “Firefighters put their lives on the line to keep us safe, and the Kansas Firefighters Relief Act acknowledges that by providing additional protections for firefighters and their loved ones,” said Commissioner Schmidt. “The Act not only gives first responders needed safety nets, but it also allows local communities to provide their citizens with improved firefighting equipment and resources.” The funds from…

While State Farm publicly supported auto insurance reform measures in New York this year, now that a package of changes has been written into the state’s statutes, the insurance giant is taking a measured business approach. “We want some proof before we move too hard [or] too fast there,” State Farm Chief Executive Officer Jon Farney told an analyst who asked whether the company would change its business plans in New York a few weeks after New York lawmakers agreed to some reforms proposed by Governor Kathy Hochul as part of the state’s budget approval process. Related article: NY Lawmakers…

Virginia Governor Abigail Spanberger recently signed a package of “commonsense” bills that she and supporters maintain will reduce gun violence and save lives, but some of them may not be enforced if local prosecutors get their way. The new laws include controversial prohibitions on the sale or transfer of assault style firearms including the popular AR-15 and large capacity ammunition feeding devices and the public carrying of such weapons. According to the Virginia Citizens Defense League as many as 10 local prosecutors who believe these measures violate gun rights have vowed not to enforce them. Among those prosecutors expressing opposition…

June 24, 2026 marks the fifth anniversary of the tragic collapse of Champlain Towers South in Surfside, Florida. Like many Floridians, I remember exactly where I was when I first heard the news. The loss of 98 lives was heartbreaking, and the event sent shockwaves throughout the condominium industry that continue to be felt today. As an insurance professional specializing exclusively in condominium and homeowners associations, I have witnessed firsthand how Surfside changed not only the way buildings are inspected and maintained, but also how insurers evaluate risk and how boards approach their fiduciary responsibilities. The Impact of Surfside on…

Investors in the ever-hotter AI stock rally must suddenly consider a risk with the potential to be even more damaging than high valuations and big spending: Politics getting in the way. The US administration’s move to block foreign nationals from accessing Anthropic PBC’s most advanced models over security fears was an unprecedented intervention in the affairs of a leading AI lab. In response, Anthropic disabled all access to the two models for everyone. Washington has for years policed the chips that train artificial intelligence, but its reach for models themselves is a wake-up call: The risk of government intervention is…

Uber Technologies’ board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual assault and harassment. In a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated internal and external warnings about Uber’s alleged failure to address sexual abuse by drivers. Shareholders said oversight failures were also a factor in two lawsuits last year by the federal government. One accused Uber of routinely refusing to serve disabled passengers, including people with…

Falling Rhine water levels are choking fuel shipments to parts of western Europe as a heat wave grips the region, forcing barges to sail with less than half their normal loads. Earlier on Monday, barges carrying diesel through Kaub in Germany — a critical waypoint on the river — were limited to about 1,070 tons of cargo, according to Spotbarge data. That represents only about 45% of their full carrying capacity. The river is forecast to get even shallower by Friday. The measured water level will probably drop to 83cm (33 inches) in the morning, compared with today’s 107cm, according…

Euro Exchange Securities UK Ltd., a British payments company, handled at least £2 billion ($2.7 billion) for a small group of risky customers before regulators moved to seize the firm over fears it was facilitating money laundering. The firm told the Financial Conduct Authority in August that it had made more than 20,000 payments totaling £2.1 billion during the previous 12 months, according to court filings. Almost all of the value of those transactions were on behalf of just 14 clients that Euro Exchange Securities had assessed as posing a “high risk” of money laundering. The FCA forced Euro Exchange…

Gavin Spencer Gavin Spencer is the new head of specialty, North America at AIG. He is taking on this expanded role alongside his current responsibilities as head of marine, North America. AIG is headquartered in New York City. Spencer joined AIG in 2024 as head of marine, North America. He has over 25 years of experience across the marine, cargo and logistics insurance sectors in leadership roles spanning underwriting, claims, broking and surveying across multiple countries and international markets, including Lloyd’s of London, the Americas, Asia and EMEA. Prior to joining AIG, he held strategic leadership and underwriting positions at…