Author: completebodyneeds

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin. The concept of data center satellites — designed to bypass Earth’s power constraints — has drawn growing attention since Musk described them as the future of artificial intelligence development ahead of SpaceX’s record‑breaking public listing this month. Securing insurance is critical for companies trying to move orbital data centers from concept to reality. Without coverage for the costly hardware and risks involved, attracting the debt financing needed to…

This article is part of a sponsored series by EZLynx. If your insurance agency is built primarily on personal lines like auto, homeowners, or renters’ insurance, you already know the market has been challenging to manage. Shifts in underwriting, carrier pricing, and eligibility can impact profitability, even when your renewal strategy is solid. That’s why so many independent agents are looking beyond auto and home. Small commercial insurance represents a meaningful path for growth in 2026. Adding commercial lines helps insurance agents build a more balanced, resilient insurance business. When personal lines become harder to place, commercial coverage gives agencies…

Inszone Insurance Services acquired Webtec Insurance Services Inc. Webtec is a specialized insurance agency primarily focused on auto and homeowners insurance. Originally based in California, which remains the bulk of its business, the agency later relocated its home base to Colorado. Sacramento, California-based Inszone is an insurance brokerage firm offering a range of property/casualty, along with employee benefits services. Topics Mergers & Acquisitions Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.

Rob Faber Donegal Insurance Group, headquartered in Marietta, Pennsylvania, and its member company, Michigan Insurance Company, promoted Rob Faber to regional vice president of the group’s Greater Midwest region. Faber succeeds Melissa Veenstra, who will retire on July 2. Faber joined the Donegal team in 2009 as a production underwriter covering an Iowa territory. He transitioned to the marketing side as a business relationship manager in 2012 and was promoted to assistant vice president and regional sales manager for the Midwest region in 2015. Melissa Veenstra Veenstra’s retirement follows a career of nearly four decades in insurance, including 23 years…

A Michigan Senate Committee this week advanced a bill that would mandate auto insurance premium reductions of at least 10% without reduced benefits, Sen. Jeff Irwin (D-Ann Arbor) authored SB 328, which he says will lower car insurance premiums for Michiganders. Another bill sponsored by Irwin, SB 247, would allow consumers to pursue civil action when insurers improperly deny claims. That bill also advanced to the Senate floor. “This legislation will immediately lower our state’s infamously high auto insurance rates by 10% and reduce unnecessary lawsuits by removing the incentive to deny claims, even when the claims are valid,” Irwin…

The Texas State Fire Marshal’s Office (SFMO) said it is investigating a residential fire in Odessa that resulted in the death of one firefighter and injured six others. Firefighters from Odessa Fire Rescue and West Odessa Volunteer Fire Department were battling a fire on Sunday, June 14. Seven firefighters were injured and transported to a local hospital. Six were treated and released. Lt. Isai Huerta died from his injuries. During fire fighting operations, conditions deteriorated, said Jason Cotton, fire chief for Odessa Fire Rescue. The Ector County Sheriff’s Office and Odessa Fire Rescue asked SFMO to conduct an origin and…

Governor Ned Lamont has signed a memorandum of understanding with the state employee union requiring the state to extend uninsured and underinsured motorist coverage to Connecticut Department of Transportation (CTDOT) employees who maintain roads and highways. The agreement with the Connecticut Employees Union Independent (CEUI) provides up to $1 million in coverage per person for CTDOT employees injured by uninsured or underinsured drivers while performing their job duties, including when they are outside of their assigned vehicles in active work zones. The coverage mirrors protections already in place for the Connecticut State Police, who face similar risks on the roads…

Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the matter and proposed legislative language reviewed by Reuters. If adopted by lawmakers and passed into law as part of the Kids Online Safety Act (KOSA) under consideration in the U.S. Senate, such a provision could undermine thousands of lawsuits against Meta and other online platforms over harms to children. Meta and Google’s YouTube face a combined $6 million in damages…

David Friend ZestyAI Names Friend CFO and Ross SVP, Client Development ZestyAI appointed David Friend as chief financial officer and John Ross as senior vice president of client development. Both executives have decades of experience in insurance and enterprise technology. John Ross Friend has more than two decades of experience scaling high-growth enterprise software companies. He most recently served as CFO of Quantum Metric. He previously served as an investor at Bain Capital Ventures. At ZestyAI, he leads finance, accounting and corporate development. Ross has nearly two decades of property/casualty insurance experience across carriers, insurtech and data and analytics providers.…

HDI Global US Appoints Salmon as Head of Cyber Underwriting Corporate and specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Jill Salmon as head of cyber underwriting at HDI Global U.S. Salmon will play a key part in advancing HDI’s underwriting platform, enhancing the value delivered to clients and broker partners through high-quality, technically driven, and reliable insurance solutions. Salmon brings experience in cyber underwriting and a strong track record of building high-performing teams, developing innovative solutions, and driving sustainable, profitable growth in the U.S. market. Most recently, Salmon served as head of professional liability with Berkshire Hathaway…