More than two-thirds of insurance customers are now digitally transmitting photos or videos when filing property claims, decreasing claim cycle times and helping drive the highest overall satisfaction scores ever measured, J.D. Power said. The market-research firm’s 2021 U.S. Property …
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks. The saga …
Uber Technologies Inc. is spinning out Postmates’ delivery robot operation into a separate startup, marking another chapter in the ride-hailing giant’s attempts to narrow its focus and become profitable. Uber will co-lead what’s likely to be a $50 million investment …
BATON ROUGE, La. (AP) — After Hurricane Katrina, Louisiana delayed paying its debts for improvements to the federal flood protection system stretching across five parishes in the New Orleans area. The massive bill totaling as much as $3 billion is …
OUAGADOUGOU, Burkina Faso (AP) — A series of explosions at a military barracks in Equatorial Guinea killed at least 20 people and wounded more than 600 others on Sunday, authorities said. President Teodoro Obiang Nguema said the explosion at 4 …
Workers’ compensation insurers aren’t getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on developments for individual U.S. states and classes of workers. In fact, while …
Honda Motor Co Ltd unveiled on Thursday a limited batch of its flagship Legend sedan this week, becoming the world’s first carmaker to sell a vehicle equipped with certified level 3 self-driving technology. Lease sales of the level 3 Legend …
Nordstrom Inc. has filed suit against its insurers, seeking a court declaration that they must treat nationwide civil unrest last spring and summer as a single occurrence rather that separate events that would require the department store chain to pay …
The autonomous-car artificial intelligence from Alphabet Inc.’s Waymo avoided or mitigated crashes in most of a set of virtually recreated fatal accidents, according to a white paper the company published Monday. The simulations were based on 72 fatal crashes that …
Climate change is the main culprit behind nuisance flooding, but human alterations to coastal areas that deepen shipping channels or fill in wetlands may be exacerbating the problem by as much as 27%, according to a new study published today …