Author: completebodyneeds

A federal judge rejected Meta Platforms’ bid to dismiss a lawsuit by 29 U.S. state attorneys general accusing it of designing Facebook and Instagram to addict children and knowingly concealing the harm from the public. In a decision late on Monday night, U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California denied Meta’s motion to dismiss claims based on deception, unfair practices and violations of the federal Children’s Online Privacy Protection Act. The judge also said Meta did not comply with that law’s notice and parental consent requirements, and granted summary judgment to the states on that issue. Meta and…

The U.S. House of Representatives has overwhelmingly passed legislation to extend the public-private partnership to insure terrorism risk though 2034. The TRIA Program Reauthorization Act of 2026 (HR 7128), sponsored by Mike Flood, R-Neb., passed by a vote of vote of 373-15 late on June 29. Before the vote, the National Association of Mutual Insurance Companies (NAMIC) sent a letter to the House cosigned by others including the Coalition to Insure Against Terrorism, Council of Insurance Agents & Brokers, Independent Insurance Agents & Brokers (Big “I”), and the Reinsurance Association of America. In a separate statement, NAMIC’s Jimi Grande, senior…

Cyberattacks are becoming an increasingly significant threat to small and medium enterprises (SMEs), yet insurance adoption remains disproportionately low, according to GlobalData, the London-based data and analytics company. Limited awareness of cyber risks, affordability challenges, and evolving threat landscapes continue to leave many SMEs financially exposed, said GlobalData, reporting on the findings of its 2025 survey of 2,054 SMEs across 14 countries. Nearly 35% (34.7%) of global SMEs had experienced a cyber incident in the past three years, GlobalData found in the survey of 2,054 SMEs across 14 countries. Germany’s SMEs are the most vulnerable to cyberattacks in Europe, with…

The Missouri Department of Commerce and Insurance reported that more than $2.9 billion in claims have been paid statewide one year after the catastrophic events of the 2025 severe weather season. DCI this month reported on incurred losses and paid claims processed to date. Insurers have received more than 250,000 catastrophic claims on residential property, renters and condo owners, and auto insurance policies. Related: Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion Of the nearly $2.5 billion in claims, roughly 83% has been paid for residential property claims, according to the department. Insurers have received more than 10,000…

The Supreme Court barred a former Louisiana inmate from suing prison officials who cut off his dreadlocks in violation of his Rastafari religious beliefs. The justices condemned what happened to the former inmate, Damon Landor. But they ruled that a federal law designed to protect the religious rights of inmates does not permit lawsuits for money damages against individuals even when rights are violated. The high court, in a 6-3 decision, agreed with lower courts that without exception had ruled that the law, the Religious Land Use and Institutionalized Persons Act, can’t be used to hold those who violate inmates’…

The U.S. cyber insurance market may be facing a time of transition as certain signs point to eventual adverse development. According to AM Best, the market’s loss ratio in 2025 increased for the second straight year to 53—the first time over 50 since the ransomware spike seen during the COVID pandemic. In the meantime, third-party claims are rising and total premium was basically flat after considering that a perceived increase in 2025 was caused by insurer Beazley’s move of a block of business from an offshore entity to the U.S. Chubb occupies the top spot among largest cyber insurers but…

A U.S. Postal Service (USPS) employee has been sentenced on charges that he defrauded the New York workers’ compensation system of nearly $10,000 by stealing wage reimbursement checks intended for his then-girlfriend’s deceased mother. New York State Workers’ Compensation Fraud Inspector General Lucy Lang announced the guilty plea and sentencing of Thomas O. Malicki of Kenmore, NY. He paid full restitution of $9,776.52 and was sentenced to a one-year conditional discharge. The state’s investigation found that between September 2020 and July 2021, Malicki stole, endorsed, and deposited 18 workers’ compensation benefit checks mailed to his then-girlfriend’s mother after she passed…

A new Mississippi law will authorize the state’s top law enforcement agency to compile a list of all immigrants illegally living in the state. What’s to be done with that information is a bit open-ended. But the law set to take effect Wednesday is sparking alarm among immigrant advocates, who fear it could become a new tactic to target immigrants in conjunction with President Donald Trump’s plan to deport millions of people lacking legal approval to live in the U.S. The law says the state Department of Public Safety “may use all reasonable lawful investigative means available” to determine the…

Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has commenced proceedings in the Federal Court alleging Amazon breached consumer law by including unfair contract terms in its Prime subscription contracts. It also alleges Amazon later relied on those terms to introduce advertising to Prime Video in 2024. More than one million subscribers, who already paid an annual upfront fee of A$79 ($54) for the service, then had no choice…

Hyperscale data center campuses represent the latest growth opportunity for the global re/insurance industry. Annual investment in these specialized facilities will likely surpass $300 billion by 2027 and the total insurable asset base for the roughly 11,000 data centers currently in operation already exceeds $2 trillion. On top of that, new premiums from hyperscale data centers are expected to reach $10 billion annually this year, dwarfing the global aviation insurance market’s $5 billion in annual premiums. Yet the sheer magnitude of these assets tests the limits of commercial and specialist re/insurers. Capacity Constraints Exacerbate Insurance Protection Gap S&P Global Ratings…