Author: completebodyneeds

A U.S. judge vacated a Trump administration policy implemented last year that made it harder for wind and solar energy projects to claim federal tax subsidies, according to court documents. The decision is the latest legal blow to U.S. President Donald Trump’s wide-ranging efforts to slow development of clean energy technologies, which he has said are unreliable and unfairly subsidized. In a ruling on Saturday, Judge Colleen Kollar-Kotelly of U.S. District Court for the District of Columbia said the Treasury Department’s Internal Revenue Service had failed to give an adequate reason for eliminating a longstanding definition for what it means…

India’s ship safety certifier is taking a tougher stance on vessels involved in evading international trade sanctions, by canceling the certification of more than 200 tankers and other ships since 2023, the head of the agency told Reuters. The Indian Register of Shipping (IRClass) is among the world’s leading ship certifiers and removal from its list is likely to complicate a vessel’s ability to secure insurance and potentially access ports. Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organization’s Executive Chairman Arun Sharma said. He said…

The death toll from the strongest earthquake to hit the Philippines in five decades has increased to 37, an official said, with rescue operations underway as families and businesses grapple with huge damage to properties. Office of Civil Defense Assistant Secretary Bernardo Rafaelito Alejandro said 487 people were injured and four were reported missing following the temblor that struck Monday morning. “Our search and rescue and rapid damage assessment are ongoing. These numbers can change,” he told local radio DZBB on Tuesday. “Many residential and commercial establishments collapsed.” Around 2,000 houses were affected, more than 400 of which were totally…

Pacific Gas and Electric Co. may cut power in parts of eight counties in California this week due to risks that its equipment could cause wildfires. The utility on Monday warned that some parts of Colusa, Glenn, Lake, Napa, Sonoma, Sutter, Tehama and Yolo counties could be impacted by a power shutoff. The warning is in effect from Wednesday through Friday. Related: 34,000 PG&E Customers Without Power on California Fire Risk PG&E said the potential shutoffs are tied to an offshore wind event expected to develop Wednesday and continue into Thursday morning, the Associated Press is reporting. “North-northeast winds could…

A new survey from the Insurance Information Institute (Triple-I) and Munich Re US shows overlapping exposures are shaping today’s risk landscape. Triple-I and Munich Re’s RiskScan 2026 examines evolving risk perceptions and interconnected exposures in the United States and United Kingdom insurance markets. More than 1,700 participants were surveyed in the U.S. and U.K, across five key insurance market segments: consumers, small business owners, middle-market decision-makers, property/casualty insurance agents and brokers, and P/C insurance carriers. RiskScan 2026 provides two in-depth reports: RiskScan 2026 (Re)insurancehighlights the growing alignment around related risks that are reshaping economies and societies and cites persistent insurance…

Insurance Journal’s Risky Future series is hosting the “AI Tools for Retail Agents” Demo Day, a series of free AI tool demonstrations designed exclusively for retail insurance agencies, agency principals, sales leaders, operational teams and more. This event spotlights AI solutions built to help agencies sell, service, and grow faster — from prospecting and quoting to account management and renewal automation. Vendors will highlight workflow automation, customer service tools, cross-sell gap identification, and AMS integrations. In partnership with Insurance Journal, Risky Future’s AI Tools for Retail Agents Demo Day will be held on Wednesday, June 10, beginning at 1pm ET.…

A London-based global intermediary launched last December by AmTrust Financial and Blackstone Credit & Insurance has acquired its second workers’ compensation specialist in the U.S. ANV Group Holdings Ltd. announced it has completed the acquisition of Associated Specialty Insurance Agency LLC (ASIA), a wholesale commercial insurance agency and wholesale broker headquartered in Springfield, Pennsylvania. Terms were not disclosed. ASIA is a family-owned business run by Frank Sorochen, Sr. as chief executive officer, and his wife, Bernadette, and sons Frank Jr., Tim and Bob. ASIA has more than 30 years of experience placing workers’ compensation coverage. It serves more than for…

Lenders that mis-sold car finance would risk spending £6 billion ($8 billion) more if they reject the official compensation program and try to deal instead with individual complaints, the UK’s Financial Conduct Authority warned. Without the compensation scheme that was finalized in March, as many as 19 million complaints would need to be handled individually, with millions referred to the Financial Ombudsman Service, the FCA’s Chief Executive Officer Nikhil Rathi said in a letter to the House of Commons Treasury Select Committee. Extra costs would come from ombudsman fees, disputes over redress decisions and “modest” court costs, Rathi said in…

Record Industry Optimism Masks a Widening Gap Between Technology Investment and Operational Readiness, According to Covenir’s 2026 Insurance Operations Leaders Trends Report BOSTON, MA, JUNE 9, 2026 — Insurance operations leaders are more confident about the industry’s future this year than last. They’re also more stretched, more pressured, and more likely to be sitting on data they can’t act on. And a growing number are deploying AI faster than they’re preparing the people expected to work alongside it. Those are the central findings of Covenir‘s second annual 2026 Insurance Operations Leaders Trends Report, based on a February-March 2026 survey of…

Alliant Insurance Services launched a new line of business to address what the firm sees as a growing convergence of retirement consulting and wealth management. Retirement & Wealth at Alliant is designed to link institutional retirement plan relationships with individual wealth advisory services through affiliated entities. RWA will be led by Amit Dogra, managing director and executive vice president. Dogra has 25 years of experience. He has worked with registered investment advisors, broker-dealers, family offices and plan sponsors. Dorga has held senior leadership roles across business development, operations, investment management and practice management. Irvine, California-based Alliant Insurance Services provides risk…