Sept. 11 Victims Seek Seizure of Iran Oil From U.S.-Owned Tanker March 4, 2022 By Jonathan Stempel Victims of the Sept. 11, 2001, attacks asked a U.S. judge to order the seizure of Iranian crude oil from...
Russian Cyberattacks May Test Insurer War Exclusion Policy Language March 4, 2022 The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally...
‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures March 4, 2022 By Susanne Sclafane Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports...
U.S. Attorney General: Prosecuting Individuals Is Top Priority in Policing Corporate Crime March 4, 2022 By Chris Prentice The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland...
Customer Satisfaction Scores Drop for Property Claims: J.D. Power March 4, 2022 J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest...
Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers March 3, 2022 By Don Jergler A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with...
U.S. Senators Grill Regulators Over Climate Policy on Natural Gas Projects March 3, 2022 By Timothy Gardner Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new natural...
Global Supply Pressures Eased in February, New York Fed Says March 3, 2022 By Howard Schneider Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure...
APCIA Joins Group Pushing for Reforms on Litigation Funding March 3, 2022 By Chad Hemenway A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is...
Russian Sanctions Pose Risks to U.S. Nuclear Power Industry March 3, 2022 As economic sanctions pile up on Russia, there’s growing concern that export restrictions on the world’s top supplier of nuclear...