Author: completebodyneeds

The builder of the Dali cargo ship and Baltimore city officials are welcoming the U.S. government’s bringing of criminal charges against the ship’s manager for the deadly and costly collapse of the Francis Scott Key Bridge in 2024. Shipbuilder Hyundai Heavy Industries (HHI) contends that the criminal charges brought by the Department of Justice (DOJ) last week against Synergy Marine Group correctly assign responsibility and are consistent with findings of the investigation by the National Transportation Safety Board (NTSB). The NTSB concluded that a loose wire was to blame for power outages that eventually led to the allision. HHI maintains…

Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices in over 10,000 of its 2010-2016 model year heavy-duty engines in California that resulted in emissions in excess of regulatory limits, CARB said. Volvo will pay $13 million in civil penalties, $71 million to CARB’s Air Pollution Control Fund, spend $108 million on California emissions‑reduction projects and reimburse $5 million of CARB’s costs, the truckmaker said. Related: California Accelerates Work…

A Yakima insurance agent and an unauthorized insurance company are barred from doing business in Washington after Insurance Commissioner Patty Kuderer issued cease-and-desist orders in April. Those were two enforcement actions during the first quarter in which Kuderer issued fines totaling $167,000 for insurance law violations. Kuderer’s office investigated Carol E. Perez, the licensee for Perez Insurance Inc. in Yakima, for accepting premiums from a consumer but not forwarding those payments to an insurer for a policy. The Office of the Insurance Commissioner said it revoked her license and the agency’s license after a pair of complaints and her failure…

The numbers aren’t all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive muscling past State Farm. S&P GMI estimates Progressive’s U.S. private auto insurance direct written premiums for the 12 months ended March 31 totaled about $70.2 billion, roughly $1.5 billion more than the $68.7 billion tallied for State Farm over the same period—marking the first time since World War II that State Farm hasn’t been the top dog. In calculating Progressive’s trailing-12-month private direct premiums written, S&P GMI estimated results for…

Corporations facing high-profile negligence lawsuits have been known to request a bench trial—held before a judge only and without the risks of plaintiffs’ lawyers playing on the emotions of a 12-person jury. But in West Virginia, the pharmacy benefits manager and mail-order pharmaceutical giant known as Express Scripts went the other route. The company demanded a jury in a lawsuit brought by 120 local governments that charged the PBM had contributed to the oversupply of opioid drugs that have plagued many residents. “While purporting to represent the interests of their residents, (the West Virginia cities and counties) strain mightily to…

The Insurance Industry Charitable Foundation (IICF) announced the appointment of LoriAnn V. Lowery-Biggers as CEO. Lowery-Biggers brings more than 30 years of experience to the role, having previously served as president of Lloyd’s North America along with executive leadership positions at The Navigators Group, Inc., Wells Fargo Insurance, Inc. and Marsh McLennan Companies, Inc. Lowery-Biggers She succeeds Bill Ross as IICF CEO, who will be developing a multi-year strategy with the IICF staff and executive team in the coming months. As CEO, Lowery-Biggers will be responsible for overseeing IICF’s overall operations and strategic direction and she will report to the…

Due to the rapid evolution of artificial intelligence, data, and analytics, brokers are gaining the ability to treat the risk of each client separately, said Ashley Karg of McGill and Partners. “There’s more opportunity for brokers to embrace individualizing our clients as opposed to creating them as part of a pack, or part of a herd,” said Karg, partner, U.S. casualty during an interview with Insurance Journal at RIMS RISKWORLD. “Using new technologies and modeling, especially in the casualty space specifically, is giving us a big opportunity to differentiate our clients,” she added. The client-broker relationship has improved as each…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Healthy Paws is a better pet insurance company for parents wanting unlimited payouts and fast claim processing. On the other hand, Embrace is more fitting for those wanting fewer exclusions and plan customization restrictions. Read our Embrace vs Healthy Paws comparison to determine which insurer is best for your dog. Policy Coverage Policy Coverage Winner The table below shows precisely what Embrace and Healthy Paws cover. Both companies cover emergency care, surgery and hospitalization, specialized exams and specialty care,…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Figo and Healthy Paws are two of the most commonly discussed pet insurance providers, and we put them head to head and choose a clear winner. While both companies offer thorough coverage, there’s a difference in their reputation, plan customization options, and often price. We explain why we rank one better than the other below. Policy Coverage Policy Coverage Winner The table below shows specifically what Figo and Healthy Paws cover. Both companies cover emergency care, surgery and hospitalization, specialized…

When you purchase through links on our site, we may earn a commission at no extra cost to you. Learn more. Many people get life insurance for themselves or their spouse — it can be a wise financial investment to help you with the loss of a loved one. But what about our furry family members? Can you get a life insurance policy on a dog? And what expenses do you need to consider with the loss of your pet? We’ll answer these questions and more to help you plan ahead. Even though we don’t like to think about our…