Author: completebodyneeds

Authorities are cracking down on the latest teenage craze wreaking havoc in communities across the US: e-bikes. Police were called when dozens of e-bikes and e-motos swarmed the streets of Bend, Oregon, on a recent afternoon. In Orange County, California, two teens were seen motoring through a Walmart. Security cameras in Orlando captured the chaotic scene when hundreds of riders blocked traffic. Zipping along at up to 28 miles an hour, e-bikes and similar vehicles have become fixtures on American roads in recent years. But as they have caught on with younger riders, the dangerous — and sometimes deadly —…

A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a licensed carrier, a reinsurance panel and, increasingly, a pension fund or a credit manager who has never heard of the contractor. The chain runs from the customer at one end to capital at the other, and its only job is to connect the two as efficiently as possible. For about a hundred years, most of the ecosystem lived under one roof. A carrier underwrote the risk, issued…

The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered to record levels across the globe this year, fueled in part by optimism over surging spending on AI infrastructure. But Panmure Liberum’s Joachim Klement said his base case is for that trade to disintegrate as soon as 2027, sending stocks sharply lower. “My core conviction is that the AI bubble will either burst in 2027 or in 2028, so sometime…

The projected combined ratio for California workers’ compensation insurers reached 127% in 2025, the highest in more than 20 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report, which delves into insurer experience through June 30. The report shows combined ratios exceeded 110% for five consecutive years, reflecting a trend of higher claim frequency and increasing loss and loss adjustment expense costs. Related: Report: Medical Service Costs in California Comp Rising With Payments, Utilization Written premium in the first six months of 2026 was 5% higher than during the same…

The Michigan attorney general is suing the state’s Blue Cross Blue Shield insurance plan for alleged anticompetitive conduct, opening a new front in a long-running legal fight over the structure of Blue Cross plans. The complaint says the company conspired with other Blue Cross plans to carve up territory and reduce competition, raising costs for state workers’ employee health plans. It also alleges that the arrangement created the same problems for Michigan consumers and businesses. A representative for Blue Cross Blue Shield of Michigan had no immediate comment. Blue Cross Blue Shield plans nationally have agreed to pay billions in…

The Public Utility Commission of Texas is asking a Travis County judge to block the release of information showing where data centers and virtual currency mines operate, saying those details could aid terrorists. The lawsuit filed Monday pits the state agency responsible for regulating utilities against Attorney General Ken Paxton’s office over the scope of Texas’ public-records law and the state’s protections for critical infrastructure. At the center of the dispute are two seemingly basic geographic details: the county where a facility is located and the regional water planning area in which it sits. The PUC argues that those details…

Ohio Attorney General Andy Wilson is suing a home-improvement contractor in southwestern Ohio accused of charging consumers for services that were not completed or, in some cases, even started. Wilson’s lawsuit alleges that Cincinnati-based Quincy Barrett and his company, Crown Pointe Remodeling, solicited consumers online and sold home improvement services, including interior remodeling and repair work as well as roofing, siding, windows and other exterior work. But consumers who filed complaints with the Ohio Attorney General’s Office say the defendants charged large upfront payments and didn’t complete or start the jobs. Nine consumers complained about Crown Pointe’s work, citing damages…

The US Federal Trade Commission is gearing up to take action against Priceline.com owner Booking Holdings E&over online ads that appear to direct consumers to a hotel’s site but send them to a third-party site where they are often charged extra, two sources familiar with the matter told Reuters. The FTC has been looking into Booking’s relationship with Guest Reservations, a third-party website that advertises stays at specific hotels, the sources said. The case could carry more than $500 million in potential penalties, one of the sources said. The sources requested anonymity as they were not authorized to speak publicly.…

New York City is suing a Manhattan law firm for alleging running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedly harmed due to roadway defects. The city accuses the law firm Asher & Associates, P.C. and its principals of fabricating roadway-defect narratives to make it appear the city was to blame for injuries supposedly sustained in scooter, moped and bicycle accidents, despite medical and emergency response records and other evidence showing the injuries were not caused by road conditions or the city. The Asher lawsuits…

Leak data posted to the internet has exposed payments made to a hacking group known for extorting large sums of money from law firms, blockchain investigations firm Chainalysis said Oct. 7. The findings come after an unknown party posted troves of data allegedly associated with Silent Ransom Group, a prolific cyber extortion group. The FBI warned in May that the group was stealing data from law firms with hacks and demanding millions of dollars to prevent it from being posted. The FBI says the SRG targets specific firm employees with phone calls, emails and sometimes in-person visits to gain access…