Risk
Autonomous Vehicles Will Provide Significant Short-Term Gains for U.S. Auto Insurers
U.S. property/casualty insurance carriers could see significant short-term financial gains from insuring autonomous vehicles before likely long-term personal auto premium declines after the ...
Artificial Intelligence Is Helping Zurich Insurance With Personal Injury Claims
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. "We recently introduced ...
Allstate Discloses $235M in Pre-Tax Catastrophe Losses for April
The Allstate Corp. disclosed $235 million in pre-tax catastrophe losses for April. Broken down, the number encompasses 11 catastrophe events that cost the insurer $229 million pre-tax, plus ...
Avoiding Birds Is Big Focus of Amazon’s Delivery-Drone Research
Amazon.com Inc.'s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started ...
Post-WannaCry Risks: Lawsuits Over Lax Cyber Attack Protection
Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp. ...
Demand Should Soar for Cyber Insurance in Wake of WannaCry Attacks
Demand for cyber insurance is likely to soar in the wake of the WannaCry ransomware attacks that affected more than 300,000 computers in more than 150 countries around the world since May 12, Fitch ...
The Latest Launches From The Hartford, SOMPO Holdings and AXA
The Hartford debuted a new risk management information system to help large commercial customers at highest risk for loss. Two divisions of Sompo Holdings are launching a natural catastrophe risk ...
Group That Leaked ‘WannaCry’ Ransomware Attack Tools Threatens Release of More Malicious Code
Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it ...