Author: completebodyneeds

California faces a short but sharp rise in temperatures that will boost electricity demand as unusually warm nights offer little relief. Heat advisories will cover much of California’s coast and Central Valley, including the Bay Area and Los Angeles, through Wednesday and Thursday, the National Weather Service said. More severe extreme heat warnings are in effect across parts of Southern California, including San Diego. Temperatures across the Los Angeles area are forecast to range from 85F (29C) to 105F, about 10 to 15 degrees above normal, the weather service said. Usually cool San Francisco may reach 86F on Wednesday, while…

The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to a test. Kuderer has been in office for over a year-and-a-half. However, she’s relatively new considering her predecessor, Washington Commissioner of Insurance Mike Kreidler, was the nation’s longest serving commissioner, having held the office since 2001. The magnitude of what she and the Office of The Insurance Commissioner are dealing with is best stated in numbers: the blazes resulted in the most expensive fire damage in Washington history, and Spokane County Assessor Tom Konis puts rebuilding costs from three recent…

Alliant Insurance Services promoted Martin Newman to managing director, energy operations, Alliant Property & Casualty. Based in Dallas, Newman specializes in partnering with energy operators and private equity investors to develop risk and insurance solutions for an increasingly complex range of exposures. In his expanded role, Newman will maintain his core production responsibilities while working alongside Alliant Energy leadership. Alliant is headquartered in Irvine, California. Topics Talent Alliant Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Hr? Get automatic alerts for this topic.

Church Mutual Insurance Company has named Ben Parisi vice president, head of finance operations and financial planning and analysis. Parisi will lead finance operations, expense management, procurement, payroll, financial planning and analysis, and management reporting. He will report to Daniel Kim, senior vice president and chief financial officer. The newly created role supports the continued evolution of Church Mutual’s finance functions and strengthens its ability to provide the financial insight and operational support the business needs to make informed decisions. Ben Parisi Parisi brings more than 25 years of finance experience, including more than two decades with Zurich North America.…

TrueNorth Companies announced a new property program designed to help community associations and apartments owners, including affordable housing and student housing properties, secure broad coverage at a competitive price. As buildings get older, they lose access to standard insurance markets. Once a property passes an insurer’s internal age cutoff for new business, most carriers will renew coverage but won’t write it fresh, shrinking the pool of available markets and driving up prices for owners with fewer options. TrueNorth built the program around an internal underwriting facility, allowing the firm to evaluate each property on its own merits rather than applying…

Two brothers caught in a sting operation orchestrated by North Carolina Farm Bureau Insurance and state regulators have been sentenced to restitution and community service after pleading guilty to deliberately damaging roofs in North Carolina. Brett William Bentley, 28, pleaded guilty to a misdemeanor charge and was ordered to pay some $27,678 in restitution to Farm Bureau, the NC Department of Insurance said in a bulletin. His brother, Robert Allen Bentley, 36, pleaded guilty to a felony charge. A judge in Wake County sentenced him to 24 months’ probation, 50 hours of community service, and a $50 fine. He could…

An Amazon cargo plane barreled off a runway at Miami International Airport on Sunday, killing at least five people and injuring five others as it struck vehicles and was engulfed in flames, authorities said. The aircraft overran the runway around 2 p.m. after arriving from San Juan, Puerto Rico, and plowed across a road used by warehouse workers and other businesses that surround the airport. Five people were killed, three critically injured and two others hospitalized with less severe injuries, Miami-Dade County officials told a news conference. The pilots were not believed to be seriously injured. One can be seen…

The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the Bitcoin that was taken. Liquid was built to make the largest cryptocurrency more useful for trading and settlement, and the incident highlights the risks in the layers surrounding a blockchain — the wallets, custody arrangements and transaction infrastructure that users ultimately have to rely on. “Continued exploits reinforce to global fintechs and institutions that decentralized finance is still not ready…

A longtime North Carolina insurance regulator, the woman who initially flagged billionaire Greg Lindberg’s raiding of his insurance companies’ reserves, plans to join an examination firm as a senior manager. Jackie Obusek, who spent 30 years with the North Carolina Department of Insurance, including the last six as chief deputy insurance commissioner, will retire from the DOI Oct. 1. She will then become senior managing director of strategy and operations for Examination Resources, an Atlanta-based firm that provides examination services for regulators, Captive Insurance Times reported. Obusek Examination Resources works with the National Association of Insurance Commissioners on accreditation and…

U.N. rights chief Volker Turk warned on Monday that artificial intelligence could pose a threat to humanity, and pledged to press AI firms to reduce risks that his office said included disruptions to services, communications and democratic systems. He called for “cast-iron guarantees” to secure AI in a speech ahead of the start of his unprecedented second term, in which he also demanded accountability over deaths in U.S. immigration custody and condemned Russia’s reported use of autonomous drones. The wide-ranging address was his first to the 47-member council since he won the four-year term in July in the face of…