Claims / Legal
Taking the Digital Route to Lower Commercial Auto Losses
It's an unfortunate truth that commercial automobile insurance hasn't been a profitable line of business for years. According to industry reports, even though commercial auto rates increased for 31 ...
Insurers Help Design Luxury Properties to Tame Disaster Losses
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an ...
Auto Tech Annoys Drivers; Some Turn ADAS Features Off
Alerts from new driver assist systems can be so annoying that some motorists are turning the features off, according to a new survey. The 2019 J.D. Power Tech Experience Index study also found that ...
Puerto Rico, U.S. Virgin Islands, Florida Coast at Risk From Hurricane Dorian
Tropical Storm Dorian has been upgraded to a hurricane as it heads toward Puerto Rico with torrential rains. It's expected to gain strength and become the first major hurricane to hit Florida's east ...
Sackler Family Reportedly Backs $11.5B Purdue Pharma Opioid Settlement
The Sackler family and their embattled drugmaker, Purdue Pharma LP, are backing a proposal to resolve all opioid lawsuits against themselves and the drugmaker for more than $11 billion in what would ...
Progressive Corp. Tops Commercial Auto Charts; Others Still Ailing: Fitch
The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In ...
Ex-Alphabet Engineer Charged With Stealing Google Self-Driving Car Secrets
The U.S. Department of Justice on Tuesday filed criminal charges against Anthony Levandowski, accusing the former high-ranking Alphabet Inc engineer of stealing the company's self-driving car ...
U.S. Cyber Agency: Reducing Chinese Tech Risks Is a Top Priority
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency's top operational priority is reducing the risks ...