Author: completebodyneeds

The US Senate on Sept. 30 blocked legislation requiring state utility regulators to consider whether large electricity users, including data centers, should bear the incremental costs of power infrastructure built to serve them and thus ease the burden on households. Senators voted 57-43 to advance the Ratepayer Protection Act, with only four Democrats voting for it. The measure needed at least 60 affirmative votes to clear a Senate procedural hurdle. Senate Republicans had aimed to improve their prospects in the November mid-term elections by voting on the legislation, the first to address the economic concerns linked to the expansion of…

A US fund has filed a criminal complaint in Switzerland accusing Radiant World and related companies of fraud and money laundering, according to a US court filing, adding a new jurisdiction to the iron ore trader’s escalating legal and financial crisis. The complaint was described in an application filed by Mariner Atlantic Multi-Strategy LLC, which is managed by investment firm Mariner Investment Group. Mariner is seeking documents from the Federal Reserve Bank of New York and the Clearing House Interbank Payments System for use in the Swiss proceedings. In the US court papers, lawyers for Mariner said the firm entered…

This article is part of a sponsored series by Vertafore. The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth, and that trend appears to be continuing, with Conning reporting the MGA direct written premiums grew 12% from 2024 to 2025. While continued expansion is cause for celebration, it also introduces concern in the form of a single question: Can this growth survive? Viewing success through the lens of single-digit years can limit proper analysis and reflection; a strong market can mask underlying flaws in the business model. As market…

Every major technological shift changes work. Artificial intelligence is different primarily in the speed at which it is doing so. Much of the conversation around AI has centered on automation, productivity, and workforce disruption. Those are important discussions, but they …

Generac Power Systems, a Wisconsin generator manufacturer, reached an agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to resolve for monetary and injunctive relief a religious accommodation charge involving an employee’s request to use biological pronouns for another employee, the federal agency announced. According to the EEOC’s reasonable cause finding, Generac violated Title VII of the Civil Rights Act of 1964 when it did not fully engage in the reasonable accommodation interactive process before denying a religious employee’s request to use biological sex-based pronouns when referring to a trans-identified employee, even after the religious employee informed Generac that using…

Gov. JB Pritzker is setting up a new group within state government to explore more regulations for artificial intelligence as calls grow across the country for new restrictions. Pritzker signed an executive order lsat week to establish an AI Cabinet made up of experts and representatives from several state agencies. The unpaid group, which will formulate policy proposals through 2027, will analyze and assess “the various risks posed by AI to the safety of Illinois residents and the critical infrastructure residents rely on.” It’s the latest move by Illinois to tackle state-focused AI regulation as the federal government continues to…

A federal judge has ruled that the Connecticut town of East Haven is not entitled to insurance coverage for a civil lawsuit and $11 million judgment against it regarding the closure of a local quarry in 2017 for political reasons. The town sued to force two insurers to provide coverage. Last Friday, the town lost its case when the insurers were granted summary judgment in the federal district court for Connecticut. During the time period relevant to its underlying dispute with the quarry owners, the town had two different liability insurers. Between July 1, 2015, and July 1, 2016, the…

The owner of a high-end car rental company has been sentenced to four years in state prison for insurance fraud involving a staged car crash and fraudulent insurance claim. Bozena A. Kolc of Edgewater was also ordered to pay approximately $314,000 in restitution for additional losses associated with the broader case, according to New Jersey Attorney General Jennifer Davenport and the Office of the Insurance Fraud Prosecutor (OIFP). Kolc pleaded guilty on July 21, 2026, to one count of second-degree insurance fraud, according to prosecutors. “This defendant tried to turn a staged crash into a substantial insurance payout,” said Acting…

The parent company of the Texas Stock Exchange raised $155 million in a third funding round, bolstering its financial firepower as it challenges the New York Stock Exchange and the Nasdaq for equities listings. TXSE Group Inc.’s existing shareholders are providing about three-quarters of the new money, with the rest coming from new backers. Funding for the exchange now totals $430 million, the Dallas-based company said in a statement Wednesday. It didn’t identify the new investors. “Real competition for primary listings is here, and it is here to stay,” James Lee, TXSE’s founder and chief executive officer, said in the…

Seven people were indicted this week in a years long arson-related insurance fraud scheme involving fires set intentionally in Monroe, Louisiana. The U.S. Attorney’s Office in the Western District of Louisiana alleges that between 2019-2026, the defendants rented homes, obtained homeowners insurance policies, and then caused approximately 13 fires at those residences. The defendants allegedly submitted false insurance claims seeking payments for fabricated personal property losses and extended stay hotel reimbursements. It is further alleged that the defendants submitted fraudulent relief claims with a national humanitarian organization for which they received cash payments under false pretenses. “The audacity, the recklessness,…