Insurers’ Digital Claims Tools Failing Customers: J.D. Power February 23, 2023 By Chad Hemenway Calling the trend “worrying,” J.D. Power’s new property claims satisfaction report indicated that insurers’ digital tools to speed the claims...
Parts of Northern US Shut Down Ahead of Massive Winter Storm February 23, 2023 By Jim Salter and Trisha Ahmed MINNEAPOLIS (AP) – States in the northern plains are largely shutting down ahead of a massive winter storm that could...
Norfolk Southern CEO Apologizes to Ohio Residents, Vows to ‘Do What’s Right’ February 23, 2023 Norfolk Southern NSC.N will take responsibility for cleaning up the environmental damage from this month’s train derailment and controlled detonation...
Eighth Innovation-in-Insurance Awards Now Open for Submissions February 23, 2023 Qorus and Accenture have launched the eighth Innovation in Insurance Awards, inviting insurers and insurtechs to submit their entries in...
Root Books Another Net Loss; Stays Positive on Embedded Insurance Results February 23, 2023 By Chad Hemenway Calling embedded insurance the “next secular trend in distribution,” Root Inc. CEO Alex Timm in a letter to shareholders said...
Chubb Announces Name of New Global Climate Unit, Appoints 3 Execs February 23, 2023 Chubb announced the name for its new global climate business unit, Chubb Climate+, while appointing three executives who have joined...
DOL Recovers OT Pay for NC Workers Misclassified as Independent Contractors February 23, 2023 More than 180 workers at a North Carolina company will receive about $1,000 each in overtime pay after the U.S....
Bent Track a Factor in Deadly Montana Amtrak Crash February 23, 2023 By Amy Beth Hanson and Matthew Brown Investigators probing a fatal 2021 Amtrak derailment in Montana disclosed that the railroad track was bent along a curve near...
Tanker Detained by Spain Did Not Cause Pollution, Turkish Manager Says February 23, 2023 A tanker that was detained by Spain and accused of discharging fuel in open waters near the northeastern port city...
With Rate Increases Still Pending, Lemonade Is Slowing Growth in ’23 February 23, 2023 By Susanne Sclafane Executives of insurtech Lemonade say they’re slowing down growth in 2023, as the company waits for regulators to approve rate...