Author: completebodyneeds

Insurance companies cannot invoke “overriding public policy” in order to refuse to defend insured hotel owners and managers accused of enabling and profiting off of sex trafficking of minors, even though the state has criminalized such trafficking. “[N]either an insurer’s duty to defend nor its duty to indemnify is abrogated on the basis of public policy when the insured is alleged to have enabled or profited from sex trafficking,” the Pennsylvania Supreme Court declared yesterday. The state Supreme Court said that insurers could have created exclusions in their insurance policies for such behavior but did not and it was not…

Three oil tankers loaded with Saudi crude for China and India made U-turns in the Red Sea on Tuesday, heading towards the Suez Canal rather than braving the Yemeni coast at the sea’s mouth following a warning from Yemen’s Iran-aligned Houthi militia. The changes in direction by the ships, the Xin Long Yang, the Rodos and the Amazon, suggest a second potential disruption to a major shipping route that could compound the shortfall in global energy markets caused by the closure of the Strait of Hormuz. The Houthis on Monday declared a naval blockade against Saudi Arabia, opening a potential…

Private equity firms seeking to buy European insurers must show they can support policyholders for the long term rather than pursuing a quick profit, Europe’s insurance watchdog said. Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority (EIOPA), said private equity (PE) ownership could bring capital, expertise and competition. “If you say you’re long term, you should be long term and long term is not five years,” she told Reuters. Alternative asset managers have been expanding into insurance, attracted by predictable income streams and the large pools of assets insurers manage on behalf of customers. Such deals have…

Lloyd’s of London said former Chief Executive Officer John Neal breached its compliance rules after failing to disclose a close relationship that could have been perceived as creating a potential conflict of interest. An investigation found that Neal failed to disclose the relationship with the group’s former corporate affairs director Rebekah Clement even after concerns were raised by colleagues, according to a statement Wednesday. The investigation conducted on behalf of the council responsible for the management and supervision of Lloyd’s also concluded that Neil failed to ensure that whistleblowing reports had been properly handled in line with his responsibilities as…

This article is part of a sponsored series by EZLynx. Key Takeaways Agencies often choose between a CRM and an AMS based on whether they’re focused on sales or streamlining business operations. CRM software manages sales pipelines and automates communication, while an AMS acts as the system of record for the entire policy lifecycle and agency operations. An all-in-one platform consolidates CRM and AMS capabilities to eliminate friction, enhance data visibility and maximize agency productivity. Insurance is all about customer relationships, and insurtech does the heavy lifting to manage prospects and clients across the customer lifecycle. But what type of…

Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Greensburg, Pennsylvania-based W.N. Tuscano Agency, Inc. Tuscano is a managing general agency (MGA) and wholesale insurance broker for independent agents in western Pennsylvania. The Tuscano team, led by Robin Tuscano, will remain in the firm’s current location under the direction of Steve Levin, Northeast Region leader for RPS. Terms of the transaction were not disclosed. “Tuscano is a highly regarded agency that complements our market expertise and further expands our wholesale capabilities in Pennsylvania,” said J. Patrick…

Arizona vehicle thefts continued to fall in the first half of 2026, down 24% in year-to-year thefts compared with the first half of 2025, the Arizona Automobile Theft Authority reported. AATA reported that for the first six months of 2026, only one month saw thefts exceed 900, for a total of 5,276 thefts for the period. five of the first six months of 2025 saw vehicle thefts top 1,100 per month, for a total of 6,959 thefts. The drop follows a longer-term trend. Data from the AATA out earlier in the year showed that 12,686 vehicles were stolen in 2025…

Swift-moving floodwater destroyed or heavily damaged 135 homes in Kerr County, Gov. Greg Abbott said Monday from Kerrville after taking a helicopter survey of affected areas and receiving a briefing by state and area officials. Water that surged over the banks of the Guadalupe River last week also damaged 490 homes and about 100 businesses in Kerr County, Abbott said. “For Kerr County, the majority of impacted residents are owner-occupied single-family homes indicating a substantial need for long-term housing, recovery, repair and rebuilding assistance,” Abbott said during a news conference. The Guadalupe River downstream of Kerrville peaked at 37.08 feet…

The families of two men who discovered through DNA tests that they were switched at birth 38 years ago are accusing a North Dakota hospital of robbing them of the lives they were supposed to lead. Kyle Bylin discovered his birth family after taking an at-home test he chose randomly during a Christmas gift-exchange. That led to his biological aunt on a genealogy platform. Her nephew, Jeremy Morrison, then had his DNA tested. The results were irrefutable. “That’s when my mind was just completely blown,” Bylin said. “We could have never imagined that it was an actual birth switch that…

In America’s EV stronghold, another type of vehicle is rapidly gaining ground. Hybrids accounted for almost one in every four automobiles registered in California in the second quarter, according to newly released data from the California New Car Dealers Association. That was up from a year ago and easily outpaced sales of electric vehicles, which made up 17.8% of the quarter’s total. Soaring demand for hybrid cars, which offer both a gas tank and electric motor to improve fuel efficiency, is putting them on pace to surpass annual EV sales in the state for the first time since 2020. Related:…