Author: completebodyneeds

SquareTrade Europe, an Allstate company, has launched a new licensed insurer, SquareTrade Europe Insurance, headquartered in Brussels. SquareTrade said the move will strengthen its ability to design, launch and scale protection solutions more quickly across Europe, marking a significant step in the company’s European growth strategy. The company partners with major retailers and mobile carriers to help customers protect electronic devices at the point of sale. SquareTrade first entered the European market in 2013 and now operates across 15 markets including Germany, the Nordic region and Spain, working with 26 leading consumer electronics retailers and telecommunications providers, to support more…

A Walcott, Iowa insurance agent has been charged with over 20 felonies for allegedly opening insurance policies under the names of family who had no knowledge that the polices were taken out, the Iowa Insurance Division announced. Stanly Blythe, 61, was arrested on June 26 and booked into the Scott County Jail, where he was being held on a $75,000 cash-only bond. Investigators say that between February 2024 and January 2025, Blythe opened policies under the names of at least 11 family members and allegedly forged his family members’ signature on the policy documents. The commissionable premiums of the policies…

Shepherd Insurance announced the appointment of Collin Hill as the company’s first-ever chief information officer (CIO), a new leadership role created to support Shepherd’s continued growth and commitment to operational excellence. Hill brings more than two decades of technology and leadership experience spanning the private sector, higher education, and government, advancing into IT leadership roles before serving as a virtual CIO for small and mid-sized businesses. Most recently, Hill served as chief information officer and director of the Information Services Agency for the City of Indianapolis and Marion County, where he led technology strategy and operations for one of Indiana’s…

Three people died and seven others were rescued Friday after a boat capsized in Geneva Lake as a strong storm passed through southern Wisconsin, an official said. Many injuries were reported in Wisconsin’s Walworth County after the storm toppled trees, knocked down power lines and damaged buildings, said Tom Hausner, undersheriff for the Walworth County Sheriff’s department. Hausner said he did not know any other information about the people who died and those rescued. Police in the city of Lake Geneva are investigating, Hausner said. Officials there didn’t immediately respond to an email and voice message from The Associated Press…

The insurers of the Nord Stream pipelines don’t have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine. Nord Stream AG, the Swiss company that owned the structure, sued its insurers in London following an explosion that ruptured three pipelines and dented another in September 2022. Lawyers for Lloyd’s Insurance Company SA and Arch Insurance (EU) DAC argued that the damage was part of the war or carried out under orders of a government, and therefore exempt under the wording…

Insurance broker Hub International Holdings Inc. is seeking to raise about $3 billion in its initial public offering, according to people familiar with the matter. The Hellman & Friedman-backed company is targeting going public as soon as this year, some of the people said, asking not to be identified as the information isn’t public. Hub filed confidentially for the listing in late June. The company is working with Goldman Sachs Group Inc. and Morgan Stanley on the listing, the people said. Bank of America Corp., Barclays Plc, BMO Capital Markets and JPMorgan Chase & Co. are also working on the…

American International Group (AIG) said it has hire Christine Williams to be head of global client and broker relationships. Williams will begin this new role at AIG on Sept. 1 and report to Jon Hancock, CEO of AIG’s General Insurance unit. AIG said Williams will lead AIG’s enterprise-wide relationships with key global clients and distribution partners, working across the company to deliver its full capabilities, expertise and risk solutions to create value for clients while advancing strategic growth opportunities across AIG’s insurance businesses. Williams joins AIG from Aon, where she was co-head of Aon U.S. and was a member of…

Precious few U.S. corporations have been in business for two centuries. Among them are King Arthur Flour (1790), CIGNA (1792), Jim Beam (1795) and Brooks Brothers (1818), although the storied suit-maker entered bankruptcy proceedings in 2020 due to a plunge in sales during the COVID-19 pandemic. A fascinating cluster of mutual insurance companies that have reached or are approaching their 200th birthday include: Beyond their longevity, it is remarkable that two of these insurers—Norfolk & Dedham and Vermont Mutual—are also among the top-performing insurers of any kind. They both appear on Ward’s 50, a list of 50 property and casualty…

At least eight ships controlled by Japan’s Mitsui OSK Lines Ltd. are heading out of the Strait of Hormuz using a route close to Iran, including some of the last trapped oil tankers to exit the waterway. The vessels include five supertankers, each capable of hauling 2 million barrels of crude, two chemical tankers and a car carrier, according to ship-tracking data compiled by Bloomberg and database Equasis. They’re moving in a convoy and some previously attempted to exit, before abandoning their journeys. Iran has sought to assert control over Hormuz, through which a fifth of all oil moved before…

Western Europe is bracing for the summer’s third major heat wave, fueling dangerous wildfire conditions and straining power systems across the region. A high-pressure weather system is set to bring heat wave conditions this week to France, southern England and the Iberian Peninsula, according to weather models and government forecasters. Southwest France is forecast to see daytime highs hit 40C (104F) in some areas on Monday and Tuesday. Climate change is intensifying periods of extreme heat on the fastest-warming continent. The record-breaking heat and drought have fueled the worst start ever to the global wildfire season, with climate scientists warning…