J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest customer satisfaction score for property claims in five years. Overall customer satisfaction with homeowner insurance property claims dropped to 871 …
A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with a narrowing window to adapt to it, is garnering a lot of reaction. The IPCC Working Group II report: Climate …
Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new natural gas projects that allow consideration of environmental justice, landowner and climate issues. The three Democrats on the five-member Federal Energy …
Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure of ocean shipping costs declined, according to new data from the New York Federal Reserve released on Thursday. The New …
A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding (CFLF) said it is …
As economic sanctions pile up on Russia, there’s growing concern that export restrictions on the world’s top supplier of nuclear fuel has the potential to disrupt the U.S. power industry. Russia produces about 35% of the world’s enriched uranium for …
ByteDance Ltd.’s TikTok is being targeted by a group of states seeking to determine whether the social media platform is being improperly marketed to children. The states are investigating how TikTok promotes itself to younger users, including techniques to increase …
AM Best announced March 1 that the rating agency won’t change the A- (Excellent) financial strength ratings for the operating subsidiaries of James River Group Holdings, Ltd., a day after the insurer announced a fourth-quarter loss $66.2 million. The bottom-line …
Cartier sued Tiffany & Co on Monday, accusing its luxury rival of stealing trade secrets concerning its high-end jewelry from an employee it lured away in December, in a sign competition in the fast-growing jewelry category is heating up. According …
Top U.S. health officials on Wednesday laid out a national blueprint to manage COVID-19 going forward, vowing to prepare for any new variant outbreaks without shutting down schools and businesses and calling for additional funding from Congress. “This plan lays …
