Claims / Legal
Tiny Cameras, Sensors Help Reduce Risks in Cars With Automated Driving Tasks
Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like ...
Cyber Attack Disrupts Some UK Parliament Communications
A cyberattack disabled some of the U.K. Parliament's communications on Saturday, disrupting the ability of lawmakers to access their email, a House of Commons spokeswoman said. In order to stop the ...
Five More Flood Insurance Revamp Proposals Advance in House Committee
The House Financial Services Committee advanced five flood insurance proposals on Wednesday, adding to the two bills it passed last week. The House measures seek to reform and reauthorize the ...
Cyber Insurance Premium Tally: $1.3B in 2016, a 35 Percent Hike
Property/casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 percent jump from 2015, according to reports by Fitch Ratings and A.M. Best. The largest ...
Ex-Uber CEO Alleged to Know Engineer Possessed Google Driverless Car Info
Ousted Uber Technologies Inc. head Travis Kalanick learned early last year that the engineer who until recently oversaw the company's driverless car project possessed discs of information from ...
FBI: Cybercrime Losses Reached $1.33B in 2016, a 24 Percent Rise
Losses from cyber crimes rose 24 percent in 2016 to over $1.33 billion, according to a report by the Federal Bureau of Investigation's Internet Crime Complaint Center (IC3). The center, which was set ...
Aging Millennials More Emotionally Connected to Their Insurers Than Gen X, Boomer Counterparts
Millennials are aging, and that may be good news for property/casualty insurers. Here's why: Millennials appear to have a stronger affinity for insurance companies than their Gen X or baby boomer ...
QBE Cautions Emerging Markets’ Division Hammered by Higher Claims
Sydney-based QBE warns that its Emerging Markets' division has experienced an unexpected surge in claims from January through May due to multiple factors. As a result, this division is expected to ...