Risk
GM’s Self-Driving Unit Delays Robotaxi Rollout Plans
General Motors Co.'s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of ...
Markel Puts CATCo into Run-Off, Launches New Retrocessional ILS Platform
Markel Corp. announced it is putting its Bermuda insurance linked securities unit Markel CATCo into run-off and also launching a new retrocessional ILS fund platform that will be ready to write ...
Insurers Wave Caution Flag at New Auto Safety Technology
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes ...
J&J Combats Lawsuits Alleging Cancer-Causing Baby Powder by Attacking the Science
Johnson & Johnson, seeking to head off claims by thousands of women that its iconic Baby Powder caused their cancer, took aim at some of the science cited in lawsuits alleging the company's ...
Executives See the Pace of Change as a Significant Emerging Risk: Gartner
Executive in multiple industries are anxious about keeping up with change, even as they struggle to take significant action to address this concern. In fact, they rank keeping up with the pace of ...
California Utility Expects to Make $4.8B Initial Contribution to Wildfire Fund
Power producer PG&E Corp said on Thursday its initial contribution to California's wildfire fund would be about $4.8 billion, and annual contribution about $193 million. The company said ...
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
European Heatwave Smashes Records, Foreshadowing a Possible New Normal
Belgian zookeepers fed chickens in giant ice cubes to tigers on Wednesday as northern Europe baked in record temperatures during another heatwave that climate experts believe could become the new ...