Author: completebodyneeds
Orion180 Insurance Group Inc. filed for a US initial public offering, as the company looks to carve out a bigger share of the fast-growing specialty homeowners and flood insurance market. The Melbourne, Florida-based insurer had net income of $13.5 million on revenue of $80.1 million for the first six months of 2026, compared with a net loss of $3 million on revenue of $50.4 million a year earlier, according to its filing Thursday with the US Securities and Exchange Commission. Gregg Started in 2018, Orion180 offers excess and surplus lines homeowners insurance, generating $601 million of direct written premiums in…
The U.S. Centers for Disease Control and Prevention said a salmonella outbreak linked to jalapeno peppers has infected 431 people across 32 states, up from 345 cases in 27 states reported earlier this month. U.S. health authorities are currently investigating a multistate outbreak of salmonella javiana infections, with the CDC reporting a total of 431 infections, 57 hospitalizations and no deaths, as of August 19. According to the CDC, illnesses began between June 19 and August 2. The infections have been linked to jalapeno peppers from Sinaloa, Mexico, distributed by Coast Citrus Distributors. Related: FDA Urges Sanitation, Supplier Checks to…
Florida-based King Risk Partners has acquired The Roberts Agency, Inc., an independent insurance agency based in Bloomfield, Connecticut. This acquisition strengthens King Risk Partners’ presence in Connecticut while expanding its construction insurance and surety bonding capabilities throughout the region. In addition to construction insurance, The Roberts Agency also provides a broad range of commercial insurance, specialty coverage, benefits, and homebuilders programs. The Roberts Agency was founded in 1963 by Robert M. Wolcott in 1963. His three children have been involved in the agency. Robert’s daughters, Jennifer Semple and Laura Langan, owners of The Roberts Agency, said that joining King Risk…
A teen girl whose lawsuit was a test case in litigation accusing social media companies of deliberately addicting young people and fueling a mental health crisis dropped her claims against the owners of Instagram, Facebook, YouTube and Snapchat on Thursday, according to a court filing. The plaintiff, a 15-year-old girl from New Jersey identified in California court records as P. M-Y., had alleged the platforms’ owners — Meta Platforms, Google and Snap Inc— contributed to her social media addiction, depression and self-harm. The companies said she dropped her claims without any payment. TikTok, which was also a defendant in her…
A tractor-trailer rollover sent a truckload of squid spilling onto a Rhode Island roadway, leaving a stench as they sat in the road for hours in the summer heat. Local authorities have dubbed it the “Squidpocalypse of ’26.” It was a warm, sunny day in the coastal town of Narragansett when the spill happened Sunday, and Narragansett Police Capt. Ryan Prest said he was told that the scene “started to smell bad as the squid sat out in the sun for a few hours.” In this image taken from drone footage, workers clean squid from a roadway in Narragansett, R.I.,…
Air traffic controllers in Sydney have warned of “grave concerns” about flight safety because of new local airspace rules, the safety regulator said, just as the number of near misses and incidents at the airport mounts. The Australian Transport Safety Bureau disclosed Thursday an anonymous submission from an experienced air traffic controller. The whistleblower said many air traffic controllers in Sydney, where they are already shorthanded, have little confidence in their ability to handle the new rules, which were introduced last month and are tied to the new Western Sydney International airport. The individual made the report in June. The…
Matt Hasselbeck took some nasty hits to the head during his 17-year NFL career, four years at Boston College and a childhood full of sports, but the quarterback seems to have emerged from more than two decades of collisions relatively unscathed, enjoying middle adulthood with his wife and three children. The 50-year-old knows that some of his friends and former teammates haven’t been as lucky. That’s why the three-time Pro Bowl selection recently spent two days at Boston University, going through a battery of scans and tests to determine how much all those collisions affected his brain. The hope is…
Gallagher Re, the global reinsurance broking and advisory firm, announced the launch of its Digital Risk Practice, bringing together specialist expertise in AI liability, data centers, cyber, and digital risk engineering to help insurers and reinsurers understand, quantify, and manage rapidly evolving technology-related risks. Gallagher Re said the new practice expands its market-leading cyber capabilities and creates a dedicated platform to address the growing impact of AI, digital dependency, and technology-driven accumulation risk across insurance portfolios. Ian Newman has been appointed global head of Digital Risk, alongside his current role as global head of Cyber. Freddie Scarratt has been appointed…
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation. If successful, the trip would be South Korea’s first such commercial voyage to Europe via the Arctic, placing it with China and Russia among the few countries whose shipping firms have tested or run cargo services along the route. Sailing north from the port of Busan, the PanStar Acro will make stops at Felixstowe in Britain, Rotterdam in the…
Australian insurance broker Steadfast Group said on Friday it has agreed to a A$7.7 billion ($5.51 billion) takeover offer by a U.S. consortium backed by investment firm KKR. As part of the proposal, insurance distributor Amwins Group will acquire Steadfast’s underwriting agency operations, while U.S.-based Dragoneer Investment will take over its broking business. Steadfast shareholders, as previously announced, will receive A$6 apiece, representing a 51.9% premium since the stock’s closing on June 9 — the last trading day before the company disclosed it had received a non-binding proposal from Dragoneer and Amwins. The Sydney-based company’s board has unanimously recommended that…
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