Author: completebodyneeds

Lilypad, the Sarasota-based, tech-centered property-casualty insurer that acquired Centauri Insurance, has named Rajiv Matta, a holder of patents in the field of machine learning, to harness artificial intelligence to help expand coverage in vulnerable coastal areas. Matta, with 20 years of experience with large carriers and reinsurers, will be chief innovation officer at Lilypad, the company announced. He most recently was chief innovation officer at Millennial Specialty Insurance, a managing general agent in The Baldwin Group. Before that, he led international property and specialty business at Assurant. Matta (Linkedin) “Lilypad is built on a conviction I’ve held for years: that…

Missouri Attorney General Catherine Hanaway announced that her office has resolved litigation with Liberty Utilities, a gas company that failed to properly mark a gas line in Lexington, leading to the death of a child, numerous injuries, and the destruction of a home. The State’s litigation, separate from any private actions filed by the victims of the explosion, concluded with a consent judgment requiring Liberty Utilities to pay the maximum civil penalty of $30,000 for violating the Missouri Underground Facility Safety and Damage Prevention Act and to engage in a remapping process of their gas lines to prevent future tragedies.…

A G Equipment Company, a Broken Arrow, Oklahoma compressor packaging manufacturer, will pay $4,250,000 to over 40 workers and provide other relief to settle a religious and disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, in the fall of 2021, A G Equipment mandated that all employees receive a COVID-19 vaccination and told workers no exemptions would be permitted for any reason. Nonetheless, several employees requested exemptions based on their religious beliefs. One worker supplemented their request with a doctor’s note requesting an exemption due to a…

The FBI plans to deploy roughly 60 specially trained state and local police officers across venues for the FIFA World Cup to detect and electronically disable hostile drones as security officials warn that threats once associated with foreign battlefields are increasingly possible inside the US. Training is already underway with less than four weeks until the tournament starts with millions of visitors expected to crisscross 11 US cities. The competition, which starts June 11 and ends in New Jersey on July 19, is also being played in Mexico and Canada. Officers from agencies including state police in New York and…

This edition of International People Moves details appointments at Aon in EMEA and Latin America and Markel International. A summary of these new hires follows here. Aon Announces Leadership Promotions for EMEA, Latin America Insurance broker Aon plc announced that Kai-Frank Buechter and Tracy-Lee Kus have been promoted to co-CEOs of EMEA, effective June 1. Buechter will oversee Continental Europe and North Africa, while Kus will be responsible for the UK, Ireland, South Africa and the Middle East. Additionally, Pedro Penalva will serve as CEO of Latin America, effective July 1. Buechter, Kus and Penalva will report to Greg Case,…

American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group’s Colombian insurance subsidiary. AIG said the acquisition of Everest Compañía de Seguros Generales Colombia S.A. (Everest Colombia) strengthens its presence in the Latin American region and supports the company’s strategy to drive premium growth. Everest said the transaction builds on its previously announced plan to exit commercial retail insurance — a major part of which was accomplished with the sale in October 2025 of its global Commercial Retail Insurance renewal rights to AIG. In December, AIG announced it received approval to proceed with the…

NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia. The scope of the transaction underscores how the spike in AI-driven power demand is pushing the utilities sector to seek ever-greater size and clout. The deal would position NextEra as the dominant utility in a region that’s struggling to meet the surge in electricity consumption. Juno Beach-based NextEra, parent company of Florida Power & Light, would pay the equivalent of about $76 per…

Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being deployed as part of Anthropic’s “Project Glasswing,” a controlled initiative under which select organizations, including major tech ⁠firms such as Amazon, Microsoft, Nvidia and Apple, are permitted to use the unreleased Claude Mythos Preview model for defensive cybersecurity purposes. Mythos’ capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise…

From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks ago, after a storm hammered his wheat with icy chunks, bending the stalks in half, while only dropping an inch of rain. “We thought we were really going to have a good crop — the best crop we’d ever had — and then we got hit by hail,” he said. “According to the adjuster, we’ve had about 70% damage. We…

A federal judge has blocked the Trump administration’s sweeping demands for confidential transgender patient information from Rhode Island’s largest hospital that provides gender-affirming care to minors. U.S. District Judge Mary McElroy’s Wednesday ruling is the latest setback for the U.S. Department of Justice, where at least seven other federal courts have agreed to quash or limit the expansive civil subpoenas sent to more than 20 doctors and hospitals last summer. McElroy’s decision also echoed similar concerns raised by judges surrounding the expansive scope of the subpoenas, describing the Justice Department as having “immense prosecutorial authority and discretion” but no longer…