Author: completebodyneeds

At least 10 workers died and more maybe trapped after an under-construction tunnel at a hydroelectric project collapsed in India’s northeastern state of Sikkim. The tunnel at state-run NHPC Ltd.’s 500-megawatt Teesta-VI project caved in around midday on Monday after a sudden burst of methane gas from the rocks triggered an explosion, the company said said in a stock exchange filing. The blast trapped 25 workers and officials in the tunnel located in Namchi district, it added. Many workers are still feared to be stuck inside, Deepti Pradhan, a Sikkim government public relations officer, said by phone. “All possible efforts…

This article is part of a sponsored series by Risk & Insurance Education Alliance. Pursuing a professional designation is an exciting step, one that signals a commitment to continuing education and a desire to grow in the insurance industry. Designations are noticed by your peers, leadership, and clients, and indicate that you are going above and beyond in your role. Whether you are just getting started or building upon past success, employer support, subscriptions, and scholarships represent three options that can help fund your insurance designation courses. Understanding these options can help you move forward with confidence and focus on…

A rising professional boxer who was riding her bicycle along a rural Texas road died after officials say a motorist drove by her, stopped and then reversed into her. Hannah Rapp, 26, was riding with another person Saturday morning when she was hit, the Brazos County Sheriff’s Office said in a news release. Rescue workers responded and took her to a nearby hospital, where she died, officials said. The area is located about 80 miles (130 kilometers) northwest of Houston. World Boxing Council President Mauricio Sulaimán Saldivar said in a statement that the entire international boxing community is mourning Rapp’s…

The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen’s Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance industry sources said. The move by the Houthis opens a new front against the United States in its war on Iran and widens the threat to global energy supplies and trade beyond the Gulf. Indicative war risk premiums rose to around 0.75% of the value of a ship, from around 0.3% on Friday before the Houthi announcement, according to the sources, who declined to be identified due…

Challenges in securing insurance as hostilities between the US and Iran escalate are slowing the return of some foreign airlines to Dubai, the chief executive of the entity that owns and manages its airports said. International carriers’ operations to Dubai are growing but some key European airlines still aren’t making the trip because of government travel advisories for the region, according to Dubai Airports Chief Executive Officer Paul Griffiths. “They are having difficulty getting insurance for operations,” he added. Griffiths comments come amid renewed strikes between the US and Iran. Despite the recent flare-up, operations at Dubai International Airport, one…

Michigan health officials reported 6,148 cases linked to an outbreak of cyclosporiasis on Monday, an increase of 1,146 cases since their last update on Friday. The outbreak in Michigan has resulted in 102 hospitalizations, according to the latest update from the Michigan Department of Health and Human Services. No deaths have been reported in the Michigan outbreak. Related: FDA Walks Back Positive Lab Test While Lettuce Recall Continues Here are some details: Cyclosporiasis is an intestinal infection that can be contracted by consuming food — typically raw fruits and vegetables — or water contaminated with feces, according to the U.S.…

Frankenmuth Insurance promoted Keith MacLean to vice president, head of surety. MacLean has over 20 years of industry experience and most recently served as vice president, commercial surety field operations. In his new role, MacLean will be responsible for setting the division’s strategic direction, driving profitable growth, strengthening agency and broker relationships, and fostering a culture focused on underwriting excellence and exceptional service. Frankenmuth Insurance is headquartered in Frankenmuth, Michigan. Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Surety? Get automatic alerts for this topic.

The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from U.S. prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge of the matter. Last year, federal prosecutors in Manhattan began examining Guggenheim’s $362 billion money management arm, said some of the people, who spoke on condition of anonymity to discuss confidential matters. Prosecutors have more recently shown interest in Walter’s Delaware Life Insurance Co. and Clear Spring Life and Annuity Co. The insurers received grand jury subpoenas in February, according…

A blast of intense heat across eastern Texas is set to challenge the state grid’s all-time power demand record. Preliminary estimates from the Electric Reliability Council of Texas, or Ercot, show demand late Monday afternoon neared the 85.508 gigawatts record set in August 2023. The grid operator has forecast even higher peak loads Tuesday and Wednesday evening. As cooling demand spiked, the grid operator said more than 114 gigawatts was available to supply the system on Monday. An Ercot spokesperson said the power demand record was not eclipsed on Monday, according to official meter readings. Millions of Texans are under…

Mutual of Enumclaw Insurance Holding Company Appoints Roddy as CFO Scott Roddy Mutual of Enumclaw (MOE), headquartered in Enumclaw, Washington, appointed Scott Roddy as chief financial officer (CFO) of the Mutual of Enumclaw Insurance Holding Company. Roddy brings more than 20 years of executive leadership experience with Liberty Mutual Insurance. Most recently, he served as senior vice president and chief operating officer of Comparion and Liberty Mutual Insurance Agency, overseeing strategy, finance, technology, operations, and carrier partnerships. Previously, he served as chief financial officer for Liberty Mutual’s Asia Pacific operations, leading finance for a $1.7 billion business across eight countries.…