Risk
RMS CEO Shah Pledges 2016 Cloud-Based Cat Modeling Roll-out
RMS, after months of additional fine-tuning and ironing out kinks, is ready to roll out cloud-based catastrophe risk management system RMS(one) through 2016, co-founder and CEO Hemant Shah said on ...
P/C Execs Predict Cyber Growth and a Democrat in the White House
Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see any increase in profitability this year for most lines of insurance, and they do ...
ACE and Chubb Set to Close Their Mega-Merger Deal
ACE Ltd. and Chubb were set to close their $29.7 billion merger agreement on Jan. 14 – a scant six months after the companies first announced their surprise deal. The Chubb name will represent the ...
Google Chairman Says Standards Needed to Unlock Promise of Artificial Intelligence
Google's chairman thinks artificial intelligence will let scientists solve some of the world's "hard problems," like population growth, climate change, human development, and education. Rapid ...
P2P Insurance Startup Lemonade Attracts Sagalow, Other AIG, ACE Vets to Exec Roster
An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE ...
Autonomous Drive From L.A. to New York Just Two Years Away: Musk
Tesla Motors Inc. Chief Executive Officer Elon Musk said within two years a customer would be able to summon an electric car to drive autonomously from Los Angeles to New York. "I might be slightly ...
VW Gets Easier Ride in Europe on Emissions Scandal
Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU ...
Wal-Mart Sued by Shooting Victims’ Families Over Sale of Bullets
Wal-Mart Stores Inc , the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used ...