Risk
Safety Advocates Chip Away at Tesla’s Post-Fatality Autopilot Defense
Tesla Inc.'s ardent defense of its Autopilot system is getting heat from safety advocates who question a key data point the company has been citing to plead its case. Several times since an ...
Plenty of Reinsurance Capacity Remains for Mid-Year Renewals: Aon Benfield
Global reinsurer capital continued to rise in 2017, despite the $136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. ...
Wildfire Fallout: Everest Re Estimates $100M Q1 2018 Catastrophe Loss
Everest Re Group disclosed it will be dealing with $100 million in estimated catastrophe losses for its 2018 first quarter. California wildfires and related events are to blame. The Bermuda-based ...
Chubb Injects New Free Online Cyber Index Into Data Breach Battle
Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry. Access to the new ...
Great American, National Casualty, Other Carriers Sued by USA Gymnastics Over Nassar Lawsuit Costs
Indianapolis-based USA Gymnastics is suing its insurance carriers, alleging that they haven't fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports ...
Attorneys Warn Automated Driving Is Auto Industry Product Liability Issue
Deadly crashes involving Tesla Inc and Uber Technologies vehicles operating entirely or in part under automated systems have made a once-abstract problem very real for auto industry lawyers gathered ...
Wells Fargo Could Get $1B Fine to Resolve Auto Insurance, Mortgage Lending Abuses
Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its ...
Commercial Property Insurance Rate Hikes Easing From Early Spikes: Willis Towers Watson
Commercial property insurance rate increases are easing off initial spikes following 2017's record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on ...