Author: completebodyneeds

Both the European Union and the United States are committed to complying with their trade agreement, U.S. Trade Representative Jamieson Greer said June 3 after broad new tariff threats over forced labor rankled Washington’s trade partners. After the two sides struck a framework agreement at U.S. ⁠President Donald Trump’s Turnberry golf resort in Scotland last July, the EU is still in the process of ratifying the deal, prompting Trump to say he would impose “much higher” tariffs if the bloc does not implement its commitments by July 4. “Both sides are committed to compliance with the trade agreement,” Greer told…

When the double boom rang out in New England over the weekend, shaking homes and sending pets fleeing, questions started flooding social media. “Did anyone else hear that boom?” “Anyone feel that?” NASA let people know over the weekend that the cause of the commotion was a meteor, but on Monday they revealed even more stunning details. The fireball was as heavy as an elephant and 5 feet (1.52 meter) wide and was going 42,000 mph (67,592.5 kph) when it entered Earth’s atmosphere. It broke up miles above New England on Saturday and the energy released was equivalent to about…

This edition of International People Moves details appointments at the insurers HDI Global and Hamilton Global Specialty. A summary of these new hires follows here. HDI Global Names Hunt as CEO of UK & Ireland Business Corporate and specialty insurer HDI Global announced the appointment of Simon Hunt as chief executive officer of HDI Global UK & Ireland, effective June 1, 2026. Ger Twomey will continue as interim CFO. Hunt has served as interim CEO since February, following the departure of former CEO Stephanie Ogden. He previously held the role of chief financial officer for the UK & Ireland business.…

President Donald Trump downplayed the threat posed by Iranian sea mines in the Strait of Hormuz to commercial shipping, even as other US officials have warned of their dangers. Speaking to reporters on Wednesday, Trump said American forces had “swept mines and we’ve gotten most of them, we think.” He also said the strait would open “immediately” upon Iran signing a memorandum of understanding to cease armed hostilities “subject to a couple of areas being cleaned out, also of mines.” Tehran has balked at Trump’s peace terms and has yet to agree to a deal. Trump also appeared to allude…

European insurers have to grasp the risks they face when investing in private credit, according to the region’s top watchdog. Insurance firms need to be able to identify, measure, manage and report the risks, Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority, said in a Bloomberg TV interview on Thursday. Regulations put in place after the 2008 financial crisis have caused banks to step back from some financing businesses. The strong financial position of European insurers and pension funds coupled with the long-term nature of their liabilities mean they’ve been able to step in to help fill…

Insurance broker WTW announced it has received approval from the Dubai Financial Services Authority (DFSA) for a license to operate as WTW Investments (DIFC) Ltd. within the Dubai International Financial Centre (DIFC). WTW said the approval marks a significant milestone in the company’s strategic expansion across the Middle East and represents a fundamental shift in how the firm can engage with clients and prospects in the region. For the first time, WTW will be able to proactively arrange access to its full suite of regulated investment capabilities in and from DIFC – transitioning to a locally anchored, scalable platform with…

Alliant Insurance Services hired Joseph Ehrlich and Jackson Bender as executive vice presidents within its mergers and acquisitions (M&A) vertical. Joseph Ehrlich Based in New York, Ehrlich has experience advising private equity firms, family offices and strategic investors on complex transactional risk insurance solutions, due diligence and risk management strategies. A former M&A attorney, Ehrlich previously served as the national practice leader for private equity, family office and M&A at Beecher Carlson. Jackson Bender Bender delivers resources and advisory services for corporate and financial acquirers and their portfolio companies. His experience spans transactional risk support, negotiation guidance, due diligence services,…

In the weeks following the implosion of a massive tank at a Washington paper mill that killed 11 workers and spilled hundreds of thousands of gallons of chemicals, believed to be the deadliest industrial accident in state history, managers of similar operations have been dialing up their insurance brokers to find out how well they’re protected. It took days to recover all the bodies of missing workers who died in the May 26 blast at the Nippon Dynawave site in Longview. In additional to the workers killed, seven other workers and a firefighter were also injured by burns from the…

Hudson Insurance Group, headquartered in New York City, appointed Beth Diamond as senior vice president and chief claims officer. Diamond has more than two decades of specialty claims experience and most recently served as group chief claims and litigation officer at Beazley. During her tenure, she led teams across multiple lines of business and held global leadership positions across complex claims and cyber & technology. Diamond will be based in New York. Topics Claims Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Claims? Get automatic alerts for this topic.

Georgia insurance brokers and agents are sounding the alarm—and perhaps checking their own errors and omissions coverage—after a recent state appeals court ruling opened the door for third parties to sue when full coverage is not secured. “This ruling fails to understand the insurance buying process and is disastrous for agents and the industry,” said Michael Iverson, a commercial agent and former president of the Independent Insurance Agents of Georgia. Iverson was speaking of a May 13 decision from the Court of Appeals of Georgia, which, for the first time, allows insureds to assign claims to people who are not…