Author: completebodyneeds

Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with top winds of 105 miles (169 kilometers) per hour, edged west of Kauai but is still dropping heavy rain, as well as sending pounding surf across the US state and island chain, the US National Hurricane Center said in an advisory. Some parts of Kauai may get as much as 24 inches (61 centimeters) of rain, while the Big Island of Hawaii gets about half that, the hurricane center said. The more heavily populated Maui and Oahu will likely get…

HDI Global UK & Ireland (HDI) said it received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate, marking a significant milestone in the implementation of the firm’s wider Xcelerate29 strategy. The approval in principle enables HDI to continue progressing through the remaining regulatory and operational stages required ahead of obtaining permission to underwrite, which is due in the coming months. The new syndicate will complement HDI Global’s existing insurance platforms and global reach, enhancing client choice through access to Lloyd’s global licenses, infrastructure and market capabilities. The syndicate will be launched and managed in partnership with PoloWorks,…

Boston Scientific said on Tuesday it no longer expects to meet its previously issued third-quarter and full-year 2026 sales and adjusted profit forecasts, after a cybersecurity incident disrupted the medical device maker’s global operations. An unauthorized activity on some of its information technology systems, first identified on August 25, caused a network outage that affected access to operating systems and business applications, disrupting manufacturing and the processing and shipment of customer orders, the company said in a regulatory filing. Its shares were down 2.1% before the bell. Boston Scientific had said in July it expects 2026 adjusted earnings of $3.28…

Markel Group Inc. said its chairman, Steve Markel, will retire after more than 50 years with the company. He will not seek re-election to the board at the 2027 annual shareholder meeting. CEO Tom Gayner was elected chairman, effective immediately, said Markel’s board. Markel, 77, has been with Markel Group since 1975 and has been chairman since 2020. He led Markel’s initial public offering in 1986, and held the positions of vice chairman, executive vice president and treasurer. Michael O’Reilly, Markel board member and former vice chairman and CFO at Chubb, as well as former chairman of Alterra Capital Holdings,…

Commercial property insurer FM will serve as principal partner of the Boston Common Golf team in WTGL (Women’s Tomorrow Golf League), a new professional golf league created by TMRW Sports and the Ladies Professional Golf Association (LPGA). The partnership builds on FM’s role beginning in 2024 s principal partner of the TGL men’s Boston Common Golf team. The TGL launched in 2025 and now includes seven teams. WTGL and TGL blend advanced technology and live competition. Players drive from a grass platform into a massive screen, where shots are tracked on custom-designed virtual holes. As teams approach the green, players…

A plan by the Environmental Protection Agency could make it harder for the public to learn about and comment on proposed AI data centers that have sparked backlash in communities across the United States and transformed the midterm election landscape. The EPA proposal would eliminate a federal requirement that states notify the public and seek comment before issuing air pollution permits for data centers and other industrial facilities. States could still offer opportunities for public comment, but the EPA would no longer mandate them as a condition for states to grant permits. Critics say the move could thwart local residents…

China is injecting 300 billion yuan ($45 billion) into its largest banks and insurers, part of the nation’s biggest recapitalization in almost two decades, to shore up the strength of its financial system and sustain lending as economic growth slows. The Ministry of Finance will issue special bonds to recapitalize eight financial institutions, including Industrial & Commercial Bank of China Ltd., Agricultural Bank of China Ltd. and People’s Insurance Company (Group) of China Ltd., according to official announcements on Sunday. The package adds to a combined 500 billion yuan of government injection since early 2025 as Beijing steps up its…

This article is part of a sponsored series by Amwins. From evolving liability trends to niche, hard-to-place exposures, today’s environment demands more tailored, responsive solutions. That’s where Managing General Agents (MGAs) play an increasingly critical role. MGAs sit at the intersection of specialization and speed, bringing deep underwriting expertise together with the flexibility to respond to changing market dynamics. As MGA models become more central to how specialty insurance is built and delivered, they are also becoming a proving ground for entrepreneurial underwriting talent. At Amwins, we view this shift as both a market and talent opportunity, and an incubator…

AUSTIN, Texas (September 08, 2026) – The Risk & Insurance Education Alliance (The Alliance) opened enrollment for the Certified AI Insurance Credential (CAIC), a new credential designed to help risk management and insurance professionals understand, evaluate, and responsibly apply artificial intelligence in their organizations. Developed by insurance industry practitioner and AI educator Jay Greene, CLCS, founder of Agentic Insurance AI, the Certified AI Insurance Credential (CAIC), grew out of a question now facing agencies and carriers across the industry: How do you put AI to work without putting the client relationship, or the license, at risk? CAIC provides a practical,…

This article is part of a sponsored series by OIP Insurtech. Jencap, one of the largest wholesale insurance intermediaries in the United States, is continuing to invest in technology that strengthens the speed, precision, and scalability of its specialty insurance platform. Through its new partnership with BoundAI, powered by OIP Insurtech, Jencap is advancing its use of artificial intelligence to support underwriting operations, streamline submission intake, and help its teams deliver faster, more consistent service to retail agency partners. With specialized expertise across wholesale brokerage, binding authority, and program management, Jencap operates through a nationwide network of specialized divisions and…