Author: completebodyneeds
PG&E filed a 10-year Electrical Undergrounding Plan with the California Office of Energy Infrastructure Safety, to improve grid safety and reliability in high-wildfire-risk areas across northern and central California. Separately, PG&E Corp. said in early September that it plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response didn’t do enough to protect the company and its peers from the cost of such disasters. Related: Southern California Utilities Prep Shutoffs as Fire Risk Surges The plan would…
A U.S. Department of Justice investigation found UCLA School of Law discriminated against white and Asian applicants in admissions for its 2023, 2024 and 2025 incoming classes. The department’s Civil Rights Division said the admissions practices violated Title VI of the Civil Rights Act of 1964 and the U.S. Supreme Court’s 2023 decision in Students for Fair Admissions v. Harvard concerning race-conscious admissions. The findings, announced Oct. 1, concern the school’s use of application essays, recruitment practices and admissions decisions. The department said UCLA Law continued to use personal statements and essay prompts designed to elicit information about applicants’ race…
Rob Gronkowski, the star former pro football player and pitchman for USAA insurance, will now call audibles for eMaxx Assurance Group, a Tampa-headquartered provider of a new type of risk-managed, captive-based commercial insurance. “The Gronkowski and the McCarthy families have had a relationship for many, many years,” the retired tight end for the New England Patriots and Tampa Bay Buccanners said in a video-call news conference this week. Gronk, as he’s known, was referring to the family of Brian McCarthy, the CEO of eMaxx, who has ties to New England and Tampa and has supported some of Gronkowski’s charity efforts…
More than a decade into a downturn caused by tax hikes, economic and political shocks, London’s high-end housing market has a new villain to contend with — intractable heat and flood risks. The assessment comes from Prime Purchase, the branch of Savills UK that represents property buyers in the top end of the real estate market. Guy Meacock, a director at Prime Purchase, says too many premium homes in the UK capital are ill-equipped to deal with the fallout of increasingly frequent extreme-weather shocks. “If London gets a reputation for having architecture that’s fundamentally not fit for purpose, then it’s…
Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also shows claims costs are under pressure. Several factors are putting pressure on property claim timelines, including labor shortages, equipment delays and increasingly complex losses, according to Sedgwick’s annual Loss Adjusting Insights report. The report examines eight trends and emerging risks shaping commercial and residential property claims in 2026. The construction industry is expected to need 349,000 additional workers this year, while the report shows lead times for some specialized equipment…
FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to US officials familiar with the matter, an extraordinary breach that highlights the growing physical risks from cyberattacks. The cyberattack resulted in outsiders gaining temporary access to the digital system on the ship, said the people, who asked not to be identified because they weren’t authorized to discuss the matter. Officials are still examining how the breach occurred and who was responsible. It wasn’t immediately clear how long the hackers had…
US President Donald Trump said on Sunday he had named Director of National Intelligence Jay Clayton the administration’s AI czar, tasking him with coordinating the federal government’s efforts to maintain US leadership in the technology. Trump, who has pushed to rename artificial intelligence as “super intelligence,” said Clayton would head the newly created Super Intelligence Force (SIF), overseeing the government’s engagement with consumers, religious groups, AI companies and other stakeholders. In a post on his Truth Social platform, Trump wrote that SIF would aim to “ensure that America continues to lead the World in Super Intelligence” and to “protect the…
Shifting federal policy over the past year has forced the energy sector to adapt, and the rising energy demand driven by data centers and more is not stopping investment and new project development, insurance specialists say. In the summer of 2025, Congress passed the One Big Beautiful Bill, jolting the renewable energy space by significantly scaling back green energy tax credits established under the 2022 Inflation Reduction Act. So far, the bill has led to an uneven impact on renewable projects. Private investors have stepped in to support wind and solar, while nuclear energy continues to receive continued support, according…
TPLF Disclosure Rules “A broad spectrum of business leaders agree that nonparty financial stakes in litigation should be disclosed. A rule requiring TPLF disclosure would be consistent with the fundamental principle of transparency that is deeply rooted in our legal …
California Gov. Gavin Newsom signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner Ricardo Lara, creates a presumption that smoke damage within a wildfire impact area resulted from the wildfire. It also requires insurers to pay for necessary testing and sampling, and it prohibits insurers from terminating Additional Living Expense benefits until homes are restored and safe to occupy. Other mandates include: Establishing timelines for inspections and claim handling. Requiring repair estimates that restore homes…
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