Author: completebodyneeds

Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details about the conditions that may be imposed. Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iranian media have reported that shipowners need to send an email to an organization called the Persian Gulf Strait Authority if they…

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited the Gulf, as the U.S.-Iran conflict continued to disrupt shipping traffic. The San Antonio was hit on Tuesday, with injured seafarers evacuated for medical treatment, CMA CGM, the world’s third-largest container shipping line, said on Wednesday, declining further comment. It marked the latest attack on ships since the war erupted, stranding hundreds of vessels and disrupting 20% of global oil trade. Washington launched an operation on Monday to help escort ships…

Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, made several executive leadership changes and promotions across the organization. Steve Firko Steve Firko, CPCU, a PLM veteran of over two decades, assumed the role of president. Firko, who has 40 years of industry experience, will be responsible for executing the company’s strategic vision and overseeing key departments, including claims, accounting, regulatory, human resources and information technology. Firko succeeds John K. Smith, CPCU, as president. With over 27 years of experience at PLM, Smith will continue in his role as CEO, with Firko reporting to him. Firko joined PLM as a…

EU countries and European Parliament lawmakers on Thursday agreed to watered-down landmark artificial intelligence rules, including delaying their implementation, in a move which critics say shows Europe caving to Big Tech. The tentative agreement, which needs to be formally endorsed by EU governments and the European Parliament in the coming months, came after nine hours of negotiations. “Today’s agreement on the AI Act significantly supports our companies by reducing recurring administrative costs,” Marilena Raouna, Cyprus’s deputy minister for European affairs, said in a statement. Cyprus currently holds the rotating EU Council presidency. The changes to the AI Act, which entered…

Slide Insurance Holdings Inc. is expanding into California with a residential property excess and surplus lines program. The company said its entry into the California market us consistent with its strategic timeline. Related: California Taking Action Against State Farm Over LA Wildfire Claims Slide Specialty Insurance Company is a surplus lines insurer. Insurance coverage for California risks is available through licensed California surplus lines brokers. Slide calls itself a technology-enabled insurance company. Based in Tampa, Fla., Slide was founded by Bruce and Shannon Lucas. Topics California Homeowners Was this article valuable? Yes No Here are more articles you may enjoy.…

JPMorgan Chase tried to reach a settlement with a former investment banker before he filed a lawsuit recently making sexual assault and harassment claims, a bank spokesperson said on Wednesday. The largest U.S. bank offered $1 million to settle the allegations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter, adding the former banker rejected it and asked for more money. The plaintiff, who in the lawsuit has the placeholder name John Doe, last week sued JPMorgan and leveraged finance executive Lorna Hajdini, alleging that he was subjected to sexual assault and racial harassment at the…

The White House is looking into an executive order that would create a vetting system for new artificial intelligence models like Anthropic PBC’s Mythos in a bid to protect business and government networks from AI-related cyber risks, a top economic adviser said Wednesday. “We’re studying, possibly an executive order to give a clear roadmap to everybody about how this is going to go and how future AIs that also potentially create vulnerabilities should go through a process so that they’re released to the wild after they’ve been proven safe, just like an FDA drug,” National Economic Council Director Kevin Hassett…

A Boston man was sentenced in federal court for surreptitiously providing answers to exam questions for a person seeking a commercial learner’s permit (CLP). In Massachusetts, a permit is required before obtaining a commercial driver’s license. Frank Castro was indicted by a federal grand jury in April 2024. In January 2025, Castro was convicted of unlawful production of an identification document. He was sentenced last week to time served (approximately 23 months in prison). Prosecutors said that in October 2021, Castro told an undercover agent that he could help him obtain a permit in Massachusetts for $3,000. Castro explained that…

Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue to oversee marketing, sales and distribution in her ongoing capacity as president and chief marketing officer. With her promotion, Alan Ferguson, CEO of US Assure, separates president from his title. Anthony joined US Assure in 2013 and helped shape the organization’s marketplace presence and growth agenda. During her tenure, Anthony has led efforts to establish and elevate the US Assure brand, introduced data-driven tools for customer management…

On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of dozens of AI cameras installed for the utility Arizona Public Service had spotted early signs of what came to be known as the Diamond Fire. Firefighters raced to the scene and contained the blaze before it grew past 7 acres. Related: California Taking Action Against State Farm Over LA Wildfire Claims As record-breaking heat and an abysmal snowpack raise concerns…