Author: completebodyneeds

Insurance Australia Group Ltd. said it has agreed to a settlement of proceedings brought by Greensill Bank AG and its insolvency administrators. IAG said the settlement won’t have a material impact on its financial position, according to a statement on Friday. Terms of the settlement are confidential, it said. The Greensill Bank proceedings are a subset of the litigation against Insurance Australia and other parties in the Federal Court of Australia. They relate to policies issued by BCC Trade Credit Pty on behalf of Insurance Australia to Greensill entities. The face value of the claimed amounts was about A$4 billion…

A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal court in New York. Spagnuolo, 36, appeared before a federal magistrate and was released on a $2.25 million bond. Mike Ferrara, a lawyer for Spagnuolo, declined to comment on the charges. The case comes amid growing concern about insider trading on prediction markets. The charges against Spagnuolo come just a little more than a month after a US Army Special…

President Donald Trump filed a new version of his $10 billion libel lawsuit against the Wall Street Journal and its parent company News Corp. over an article about his alleged close ties to Jeffrey Epstein, after an earlier version of the suit was tossed out by a judge. The revised suit was filed late Wednesday in federal court in Florida, meeting a deadline set by a judge who dismissed the original complaint for lacking sufficient claims that the story was filed with “actual malice” toward Trump, a high bar set for libel suits by public figures. Trump sued over a…

The Department of Justice filed a lawsuit against the University of California for what it says is discrimination against Jewish and Israeli students at its University of California Los Angeles campus. The suit says the environment on the UCLA campus is in violation of Title VI of the Civil Rights Act of 1964. “Earlier this year, we sued UCLA for subjecting its Jewish and Israeli employees to an antisemitic hostile work environment,” stated Assistant Attorney General Harmeet K. Dhillon of the Justice Department’s Civil Rights Division. “Now, the Department of Justice calls UCLA to account for its toleration of the…

Tesla Inc. has just 42 vehicles operating as robotaxis in Texas almost a year after Elon Musk launched the service, a small fraction of the fleet commanded by rival Waymo. The official count was revealed for the first time in registration information Tesla submitted to the Texas Department of Motor Vehicles under new rules that went into effect Thursday. A DMV website shows that Alphabet Inc.’s Waymo has registered 577 automated vehicles in the state, more than 13 times Tesla’s total. The tally represents the most concrete assessment yet of the scale of Tesla’s Texas robotaxi network that began operating…

Ohio will pause incentives for future data center projects, following a directive from the governor to halt the tax credits while a committee studies the impact of the projects on the state’s economy. The pause is not a complete ban but a suspension of requests from facilities for state tax breaks, Governor Mike DeWine said in a statement Wednesday. The Ohio Tax Credit Authority, the body that oversees issuing the perks, will stop accepting new applications after its next meeting on June 1. Data centers previously incentivized by the state had a total capital investment of $27 billion last year,…

Michigan may be known as the Great Lakes state, but most of its residents have a river to thank for their hometown’s existence. “Just looking at settlement patterns in Michigan tells us a lot about how important our rivers are,” said Lisa Dechano-Cook, a Western Michigan University geographer who co-wrote the book ” Kalamazoo River.” “You wanted to be near water, especially running water, so that you could get from place to place.” When combined, Michigan’s 76,000 miles of rivers, creeks and streams have a shoreline 46 times the length of Michigan’s Great Lakes coast. That means in most of…

Four Southern California drivers were arraigned in an alleged staged collision scheme tied to coordinated insurance fraud. The collisions reportedly endangered an innocent driver. The defendants are: Jhoiner Rodriguez Celis, 31, of Anaheim; Melissa Cervantes De La Torre, 30, of Upland; Nailer Mendez Diaz, 35, of Anaheim; and Plata Sampayo, 28, of Upland. Their arraignment follows an investigation by the Inland Empire Automobile Insurance Fraud Task Force, which includes the California Department of Insurance, California Highway Patrol, the San Bernardino County District Attorney’s Office, and the Riverside County District Attorney’s Office. The investigation began after the Upland Police Department contacted…

Florida, like most states, has seen more than a decade of annual decreases in workers’ compensation average rates. But costs may no longer be falling, thanks in part to higher wages and escalating medical payments, a new study from the Workers Compensation Research Institute shows. After declining significantly during the COVID-19 pandemic then stabilizing for three years after that, medical payments per claim in Florida rose 4% in 2025 for claims with more than seven days of lost work time (at 12 months maturity), the Cambridge, Massachusetts-based research group reported. The increase was likely due to a new fee schedule…

Palm Beach can count on its billionaires to keep picking up the tab for schools, firefighters and parks if Florida slashes property taxes. Many other local governments will have a tougher time making up the difference. After more than a year of teasing the idea, Governor Ron DeSantis on Wednesday floated a plan that could eventually eliminate property taxes for more than 90% of Florida residents who own their homes, shifting the bulk of the tax burden onto the state’s wealthiest homeowners. The Republican governor’s proposal would initially increase the state’s homestead exemption, which shields a portion of the value…