Author: completebodyneeds

Florida regulators are considering three rule changes, one on how market-conduct examinations are triggered, one on an expanded claims-dispute mediation system, and one that would require certain quarterly reports even when the insurer has not engaged in the type of risk or policy. Insurance company advocates and lobbyists said they are compiling comments from carriers across the state on how the rules should be tempered or rewritten. Here’s a look: Mediation First, the good news. The Florida Department of Financial Services has all but given final approval to a plan to modernize its dispute resolution program and add auto and…

PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in the region. The utility cited high winds and dry conditions for required outages in Monterey, San Benito and San Luis Obispo counties. Shut offs are also likely in seven additional counties, including Santa Barbara and Marin, the company said on its website. Related: California Utility Bills Are 20% Higher Due to Wildfires The National Weather Service has issued red flag…

Holmes Murphy announced that Jay Reavis has been named President of Holmes Murphy and HMA Group Holdings. This appointment reflects the company’s ongoing commitment to the power of its independence, leadership development, thoughtful succession planning, and positioning the organization for continued growth and success. While Reavis will continue serving as President of Brokerage Services, the company’s core Property Casualty and Employee Benefits lines of business, in this expanded role, Reavis will also assume increased leadership responsibilities across the full enterprise, further strengthening collaboration and alignment throughout the organization. Reavis joined Innovative Captive Strategies (ICS) — a Holmes Murphy subsidiary —…

NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, today announced the acquisition of Total Benefits Advisors, a Cleveland, Ohio-based advisory firm specializing in retirement services and employee benefits solutions for business owners and wealth management services for high-net-worth individuals. Mark Breen, advisor and owner of Total Benefits Advisors, will join NFP as vice president, reporting to Steve Jans, Wealth Management national practice leader. Since 2009, Total Benefits Advisors has helped employers and individuals in the Cleveland area with integrated wealth management, retirement services and employee benefits solutions. By prioritizing direct and trusted relationships, the…

A coalition of public health organizations, pediatricians and parents sued the U.S. Food and Drug Administration on July 14, challenging a new policy that allow some manufacturers to sell vapes and nicotine without the legally required license. The lawsuit, filed in U.S. District Court in Maryland, targets FDA guidance issued in May. The guidance states the agency would not prioritize enforcement against certain unauthorized e-cigarettes and nicotine pouch products if the companies have marketing applications under review. Plaintiffs include the Campaign for Tobacco-Free Kids, the American Academy of Pediatrics, the American Cancer Society Cancer Action Network, the American Heart Association,…

The UK has lagged behind many of its insurance market competitors in that it does not have a not have a tailored regime to allow the formation of captive insurers, which has led many corporations to establish their captives overseas, according to UK regulators, who hope to rectify that oversight with their plans to launch a captive insurance regime in July 2027. Insurance brokers and trade associations have applauded the proposed rules for captives, rolled out yesterday, which have long been on the industry’s wish list for enhancing the UK market’s competitive position. While France and Italy opened their doors…

W.R. Berkley Corp., one of the largest commercial lines writers, has named Paul Stock president of its subsidiary, Carolina Casualty, a provider of coverage products for the transportation industry. Stock Stock has been divisional president at Carolina Casualty since May 2025. He is credited with transforming the claims and risk management departments there, W.R. Berkley said in a news release. Before that, Stock was president of Verikai, an analytics and Insurtech firm that was sold to American Financial Group. He also was vice president at National Interstate Insurance Co., and started his career as a claims examiner at Geico, his…

A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot’s body was recovered by divers. The Gunnison County Sheriff’s Office identified the pilot as 56-year-old Nicholas Dale of Sooke, British Columbia. A procession of law enforcement vehicles carried Dale’s body from Gunnison to Grand Junction on Monday. The convoy was greeted by residents who wanted to show their support for the pilot and the thousands of firefighters assigned to blazes burning across the West. Colorado Gov. Jared Polis said…

Managing general agent and specialist cyber insurer Coalition said it has launched Active Cyber Insurance for Enterprises, with up to USD $25 million in cyber limits for U.S. large businesses. This follows the May announcement of Coalition’s expanded strategic relationship with Allianz Commercial. “As artificial intelligence amplifies attack sophistication, third-party dependencies expand attack surfaces, and regulatory requirements tighten worldwide, enterprises need confidence that they can withstand digital threats no matter how they evolve, said Shawn Ram, Coalition’s chief revenue officer. “By bringing together Allianz’s worldwide network and our own proven claims and risk intelligence engine, we provide enterprise stakeholders more…

One year after the tragic fire at Gabriel House in Fall River claimed the lives of 10 residents and injured dozens more, Massachusetts has finalized a set of new safety regulations to better protect those living in assisted living residences across the state. The new regulations implement recommendations from the Assisted Living Residences Commission, incorporate public feedback, and set stronger standards for fire safety, emergency preparedness, resident protections and accountability by the industry. The state conducted a survey on safety of all 272 assisted living residences (ALRs) in the state as part of the effort to develop the regulations. The…