Author: completebodyneeds

The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by Florida House Speaker Daniel Perez this summer, before Perez stepped down to become U.S. ambassador to Brazil. Dieppa’s term on the Citizens board ends in July 2029. Dieppa Dieppa has extensive experience in the Florida insurance business. Since 2018, he has been managing partner at Hotaling, a brokerage and risk management firm with offices across the country. Before that, Dieppa was a vice president at the Brown…

Construction work on Citadel’s new headquarters in Miami has been paused following an accident on the site last week, the Wall Street Journal reported. The collapse of a rig last week prompted county authorities to issue a stop-work order pending an investigation, according to the newspaper, which cited a local building official. It’s unclear how long the stoppage will last or what caused the accident, the WSJ wrote on Sunday, adding that such probes can take up to six months. Citadel didn’t immediately respond to a Bloomberg request for comment outside of regular business hours. The rig crushed several cars,…

Texas Governor Greg Abbott ordered the state’s environmental watchdog to withhold permits for new data centers until an audit of risks to the power grid is complete. No authorizations can be given until the Electric Reliability Council of Texas, or Ercot, completes its review, Abbott said in a statement on Monday. The governor is doubling down on an effective moratorium on new AI hubs amid concern that the vast sites are compromising the state grid and water resources. The proliferation of data centers is set to be a key issue in midterm elections in November, with President Donald Trump’s enthusiasm…

American International Group ( AIG) said it hired Sierra Signorelli as CEO, Americas and Global Personal Insurance, effective January 1, 2027. In this new role, Signorelli will oversee AIG’s North America, Latin America & Caribbean commercial insurance businesses as well as the global personal insurance business. She will report to Eric Andersen, president and CEO of AIG, and she will serve on AIG’s executive leadership team. Signorelli just stepped down as CEO of Zurich U.S. Prior to Zurich, Signorelli was at AIG for 17 years in the global specialties divisions, serving as global chief underwriting officer, specialty lines and held…

The family of a 37-year-old pregnant San Antonio woman who died of preeclampsia is claiming in a new lawsuit that the Texas’ abortion ban led to her death. The family of Tierra Walker, who died when she was 20 weeks pregnant, is suing Texas Attorney General and U.S. Senate hopeful Ken Paxton, Texas Medical Board executive director Stephen Brint Carlton, the University of Texas Health Science Center in San Antonio and doctors who cared for her. The lawsuit specifically holds Paxton and Carlton responsible for Walker’s December 2024 death because of their upholding of Texas’ “merciless blanket prohibition on abortion.”…

The Northeast, possibly including New York City, is expected to get hit with flooding rain and high winds from a powerful storm system that’s set to take shape off the East Coast on Friday. Computer forecasts disagree on the storm’s exact track but somewhere from the Mid-Atlantic to the coast of Massachusetts is going to be hit by high winds and heavy rain. The current forecast calls for the Boston area and Cape Cod to get as much as 7 inches (18 centimeters) of rain through the weekend, said Bob Oravec, a senior branch forecaster at the US Weather Prediction…

Maridea Wealth Management has acquired River Cities Financial Services and Dietz, Futrell & Walters Insurance, two affiliated firms based in Marietta, Ohio. The addition marks Maridea’s first presence in Ohio. DFW Insurance was founded in 1948 as an independent insurance agency, and River Cities Financial Services grew out of that foundation in 1985 to provide comprehensive wealth management, financial planning, retirement planning, investment planning, and estate planning services. Together, the firms serve individuals, families, and business owners from offices in Marietta, Beverly, and Chillicothe, Ohio, offering an integrated combination of personal, business, and benefits insurance alongside full-service wealth management. Michael…

MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the traditional cost while giving it a greater ability to selectively write small commercial accounts rather than broadly restricting entire geographies. MGT’s products are available via its digital platform through its appointed agent network in California, extending its national reach to 43 states and Washington D.C. Topics InsurTech Data Driven Artificial Intelligence California Carriers Commercial Lines Business Insurance Was this article valuable? Yes No Here are more…

Ryan Specialty, the Chicago-based insurance group, announced that Heather M. Jamieson has been appointed president of Stewart Specialty Risk Underwriting (SSRU), effective immediately, in a planned leadership transition. Toronto-based SSRU provides specialty coverage for large account, high hazard property and casualty risks and is a part of Ryan Specialty’s underwriting management specialty unit, Ryan Specialty Underwriting Managers (RSUM). As part of a planned succession process, Stephen Stewart will step down as president of SSRU, effective today (Sept. 22), and will be immediately succeeded by Jamieson. Stewart will continue to serve as Ryan Specialty Canada’s chief executive officer through the end…

Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow adoption of the emerging technology. The backlash against devices that can see, hear and respond to the world around them has been strongest against Meta’s Ray-Bans, which made smart glasses mainstream by pairing EssilorLuxottica’s trendy designs with AI from the social media giant chasing “personal superintelligence.” The glasses have become a lightning rod for growing unease over AI-powered devices, drawing scrutiny from courts weighing privacy lawsuits, users fearing covert recordings and critics warning of a future in which ubiquitous AI…