Author: completebodyneeds

The 2026 catastrophe season will face a more distributed and harder-to-predict risk landscape than carriers have historically planned for, according to a new report by global claims administrator Sedgwick. The complex nature could make claims harder to manage, more expensive to resolve, and more likely to drift, the 2026 Catastrophe Season Playbook outlined. “The 2025 season may have felt quieter on the surface, but what it actually revealed was a more distributed and persistent form of risk, and one that doesn’t announce itself the way a major hurricane does,” said David Armstrong, executive vice president at Sedgwick. “2026 is shaping…

A former Citigroup executive alleged in a lawsuit that the bank fired her in retaliation for identifying regulatory and compliance risks that, according to a Financial Times report on Tuesday, were related to Citi’s efforts to court U.S. President Donald Trump as a client. The complaint filed in Brooklyn federal court on Monday is heavily redacted but includes allegations that the former executive was fired shortly after raising concerns about the internal process for potentially taking on a client. The Financial Times reported the client was Trump, citing people familiar with the dispute. Reuters could not immediately confirm the report.…

This summer, global sport’s biggest event is coming to America. Part of what makes the World Cup so special is the storylines attached to the once-in-four-year event. This year’s tournament will likely be the last chapter in professional sport’s greatest ever rivalry, Messi vs. Ronaldo. With the tournament fast approaching, attention is turning not only to elite performance but to the growing role of technology in keeping players fit and match‑ready. AI is increasingly being deployed to predict, prevent and manage injury risk in professional sport. For insurers and their legal advisers, these developments raise important opportunities, along with new…

As the demographic of the average American renter changes, so too do their insurance needs. Renters today tend to be older with higher incomes and stronger credit profiles, and they often remain at the same address for several years, according to a recent report from TransUnion. The median renter is now 40 years old with a $56K household income and a TransUnion proprietary credit score of 652, the report found. Insurers’ views of renters as less-than-desirable consumers are long outdated, said Patrick Foy, senior director for TransUnion’s insurance business. “There’s been a shifting of homeowners to renters of some of…

Illegal cyber activities accounted for around a third of all crimes recorded in some Asian countries, with scams the most widespread and financially damaging, according to a new Interpol report. The global policing agency’s latest cyber threat cyber threat assessment cited the increasing dominance of online crimes compared to traditional illicit activity, describing the activities as “persistent, large-scale challenges affecting multiple jurisdictions” linked to the rapid adoption of digital infrastructure. Of the 18 Interpol member states in Asia and South Pacific that responded to a survey, more than half reported that cybercrime made up 30% of all crimes recorded nationally.…

The Justice Department’s Civil Rights Division announced last week that it found the University of California, Davis School of Medicine (Davis Med) discriminates based on race in its admissions process, violating a 2023 U.S. Supreme Court decision. The Justice Department alleges Davis Med adopted admissions practices with the express purpose of circumventing the Supreme Court’s decision in Students for Fair Admissions v. Harvard (SFFA), which affirmative action in higher education admissions. Documents obtained by the DOJ show that Davis Med leadership allegedly boasted about skirting the Supreme Court’s ruling by using proxies for race such as “socioeconomic variables” or “disadvantages.”…

A second firefighter has died from injuries suffered while fighting a fire and explosion at a Maine lumber mill last month. The May 15 fire at Robbins Lumber in Searsmont sent plumes of black smoke into the sky and necessitated a response from hundreds of firefighters to a rural part of the state. Searsmont Assistant Fire Chief Wayne Woodbury, 76, died Sunday morning from his injuries, the Maine Department of Public Safety said. Woodbury was among more than 10 people injured in the fire and explosion. Andrew Cross, 27, of the Morrill Volunteer Fire Department also died. “Wayne gave his…

At long last, Florida property insurers may be thinking, state regulators have revised a consumer complaint tabulation methodology that many had criticized as skewed, unrealistic and out of line with most other states. Under Rule 69O-138.003, published last week, the Florida Office of Insurance Regulation will no longer consider requests for claims-dispute mediation as official complaints. And only those complaints made by named insureds will be counted when tabulating a carrier’s complaint index—a metric that can trigger market conduct examinations of carriers. In the official language of rulemaking, the OIR will prioritize scheduling and conducting market conduct examinations of insurers…

James Henderson was a teenager in 1971 when he had to treat animals for a type of white maggot that ate livestock from the inside out — the New World screwworm. “It’s a horrible parasite, and it will eat that flesh very quickly,” said Henderson, who operates the Bradley 3 Ranch near Memphis in the Texas Panhandle. “From the time that adult fly lays its eggs until you have an animal that probably needs to be destroyed can be as little as 72 hours.” Henderson, like most Texas ranchers, has faced one battle after another in an industry already full…

The U.S. Department of Labor has secured a federal consent judgment requiring four Washington-based restaurants to pay $750,000 in back wages and damages to 42 workers after an investigation uncovered minimum wage and overtime violations of the Fair Labor Standards Act. Entered in the U.S. District Court for the Eastern District of Washington, the order comes after the department’s Wage and Hour Division found Nolberto and Guillermina Rodríguez, owners of Blanco Inc. and Mi Rancho Chico Inc., doing business as Rancho Chico in Spokane, Colville, and Omak, failed to pay employees required overtime of time and one-half their regular rate…