Author: completebodyneeds
Delos Appoints Schween CTO Brian Schween Delos Insurance Solutions has appointed Brian Schween to the role of chief technology officer. Schween has extensive technology experience in the insurance industry, having had several C-level roles in a variety of organizations. Currently operating in the surplus lines market, Delos is headquartered in San Francisco, California. The firm is a science-driven, property insurance MGA. Legner Joins Trucordia as Agriculture Platform Senior VP Tom Legner Trucordia hired Tom Legner as senior vice president of the company’s agriculture platform. Legner has more than 25 years of experience across agriculture, commodity markets and crop insurance. Before…
International Business Machines Corp. and AT&T Inc.’s computer systems were repeatedly breached by foreign hackers, and the companies concealed those intrusions from the US government in violation of the law, according to a lawsuit from a former IBM cybersecurity official. William Barlow, IBM’s former vice president of threat intelligence, alleged in the complaint that the companies failed to disclose multiple breaches over years by attackers linked to foreign governments and made false assurances about the security of their systems in order to win and keep federal contracts. Thewhistleblower complaint against IBM and AT&T was filed under seal in 2020 and…
The moment a cyber incident hits, the nature of the insurance relationship becomes clear. A policy is only as valuable as the team behind it, and the right claims partner can make an otherwise stressful situation manageable, guiding your client through recovery with speed and expertise. Brokers spend significant time comparing policy features when selecting a cyber insurer. Most policies in stand-alone cyber coverage look similar at a surface level, and price is a poor proxy for quality. What matters most, and what gets the least scrutiny, is claims capability. Here are five capabilities worth examining before you choose an…
A bipartisan pair of U.S. House lawmakers released draft legislation on Thursday that would prohibit states from regulating the development of artificial intelligence models, a move praised by tech firms but criticized by consumer rights advocacy groups. The draft legislation, released by Democrat Lori Trahan and Republican Jay Obernolte, would bar states from laws “targeting artificial intelligence model development,” meaning states would not be allowed to pass laws requiring models undergo testing before AI firms release them to the public, according to the draft. But the draft also said it would not bar states from regulating how AI technology is…
The Independent Insurance Agents & Brokers of America (the Big “I”) said it launched its new TrustedChoice.com agency locator to help consumers find and connect with local independent agents. Available to all Big “I” member agencies, the all-new agency locator maintains TrustedChoice.com’s online recognition and popularity with consumers. The Big “I” now fully manages TrustedChoice.com, and all member agencies are automatically searchable on the site. Consumers can search by coverage needs and location, making it easier to discover and contact a Big “I” member when they are actively shopping for insurance. While shoppers increasingly start with digital research, they still…
British gambling company Betfair is fighting a landmark London lawsuit that could determine whether betting companies owe a duty of care to problem gamblers, in a case that opened on Thursday and is being closely watched by the industry. The family of Luke Ashton, who died by suicide in April 2021, allege Betfair encouraged him to place bets and that this exacerbated his gambling disorder, and caused or materially contributed to his death. Betfair denies the claims. The family is suing Betfair – owned by Flutter, which also owns the Paddy Power and Sportsbet brands – at London’s High Court,…
A federal judge agreed Monday to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims. U.S. District Judge James Bredar expressed frustration about the timing of last week’s settlements, including deals resolving all pending claims over the deaths of six construction workers. The workers were filling potholes when the container ship Dali lost power and crashed into the bridge in the early morning hours of March 26, 2024. Virtually all of the unresolved claims are alleging economic losses by businesses and local governments.…
The US Supreme Court ruled that telecommunications companies can’t immediately demand a jury trial when hit with a Federal Communications Commission fine, while saying the carriers don’t have to pay penalties right away. Ruling 8-1 in a clash involving AT&T Inc. and Verizon Communications Inc., the justices said so-called forfeiture orders issued by the FCC don’t amount to a conclusive determination of a case. “It thus does not offend the Constitution for the commission to issue forfeiture orders without the involvement of a jury,” Chief Justice John Roberts wrote for the court. The court agreed to hear the case as…
Vendor-related issues continued to be the top cause of claims paid on wedding insurance policies, according to data out this week from Travelers. The Travelers Companies Inc. released its wedding insurance claims data for 2025. The data highlights the top wedding vulnerabilities, which include vendor failures and extreme weather. For the fifth straight year, vendor-related issues were the leading cause of paid claims in 2025, coming in at 55% of total wedding claims. That’ sup from the 2024 report, which showed that 45% of wedding claims were due to vendor difficulties, such as wedding planners not completing their jobs, venues…
Delaware is under a statewide drought watch for the second time in three years due to a steep decline in precipitation levels. Officials are most worried about Kent and Sussex Counties. Governor Matt Meyer declared the drought watch after receiving guidance from the Delaware Water Supply Coordinating Council (WSCC). The WSCC found that the state would need to receive 21 inches of rainfall over the next three summer months to replenish the state’s Delaware’s water supply back to normal levels. The drought watch is in effect until further notice. During this time, Delawareans are asked to voluntarily reduce outdoor and…
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