Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities and some insurers withdrew cover from exporters over Moscow’s invasion of Ukraine. Banks, investors and insurers have in recent days …
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 …
The state of Michigan sued the owner and operator of a hydroelectric dam, alleging that its mismanaged drawdown of a lake to do repairs created sediment that has choked a 30-mile stretch of the Kalamazoo River, impeded recreational use and …
A 48-year-old Sullivan City, Texas man has admitted to threatening to cancel a contract if he did not receive increased monetary payments, announced U.S. Attorney Jennifer B. Lowery. Oscar Salinas aka “Coach” pleaded guilty March 3. As part of the …
Michigan’s attorney general on March 2 asked the state Supreme Court to overturn key decisions and extend the state’s anti-discrimination law to gays and lesbians. People who claim discrimination on the basis of sexual orientation have not been protected by …
After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance companies had complained about, a move that could soon lead to the suspension of his license and fines of several thousand dollars. …
A Ukrainian cyber guerrilla warfare group plans to launch digital sabotage attacks against critical Russian infrastructure such as railways and the electricity grid, to strike back at Moscow over its invasion, a hacker team coordinator told Reuters. Officials from Ukraine’s …
A judge has rejected an effort by New York’s attorney general to put the National Rifle Association out of business, but will allow her lawsuit accusing top executives of illegally diverting tens of millions of dollars from the powerful gun …
Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest bank, is reviewing its presence there. Generali said that it would be closing its Moscow office and …
The California Labor Commissioner’s Office cited Terranea Resort in Rancho Palos Verdes $3.3 million for failing to offer job positions to 53 employees laid off during the COVID-19 pandemic once the resort reopened. The employees included housepersons, banquet servers and …
