U.S.
U.S. Supply-Chain Pressures Soar to a Record, Index Shows
A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling warehouse space and unprecedented inventory costs. The ...
Climate Change Could Cost U.S. Budget $2 Trillion a Year by End of the Century
Flood, fire and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on ...
Lexington Insurance Pulling Out of Florida, Other Markets for High-End Homes
Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers looking for coverage. And those homeowners likely won't be able to ...
Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes
Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood insurance policies, thanks to the federal government's new ...
FBI Says Russian Hackers Scanning U.S. Energy Systems and Pose ‘Current’ Threat
Russian hackers have been scanning the systems of energy companies and other critical infrastructure in the United States, and state-sponsored hacking by Russia presents a "current" threat to ...
Boy Scouts Victims’ Fund Unfair to Insurers, Companies Argue in Court
The Boy Scouts of America's sexual abuse compensation fund may force insurers to make payments they can't negotiate over, even if the claims are fraudulent, a group of the companies argued in court. ...
Bayer Reaches $80M PCB Contamination Settlement With Ohio
Bayer AG reached an $80 million settlement with Ohio to resolve environmental damage allegedly caused by polychlorinated biphenyls, or PCBs, made by the company's Monsanto business, the state ...
Consumer Group Demands Probe After NY Times Reports on Alleged Bias at State Farm
A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after the New York Times reported on discrimination lawsuits filed ...