Risk
More Self-Driving Car Tests to Hit California Roads
Mercedes-Benz has followed Volkswagen AG's Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion ...
Ridesharing Insurance Legislation Becomes Law in California
California Governor Jerry Brown signed new insurance requirements on ridesharing companies into law on Wednesday, but the regulations come at a far lower cost to the industry than previously written ...
Fireman’s Fund, Minus Commercial, to Zero in on Personal Lines
While Allianz is bringing Fireman's Fund Insurance Company's commercial lines business into its own operations, the short-term plan with its personal lines arm appears to be a focus on maintaining ...
Senate: U.S. Military Contractors Struck by Chinese Hackers
Chinese-backed hackers infiltrated the computer networks of airline, shipping and information technology companies responsible for transporting personnel and weapons for the U.S. military, a Senate ...
BP Argues Missing Comma Entitles it to $750M in Coverage For Gulf Oil Spill
BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, asked a Texas court to let it tap into $750 million in Transocean Ltd.'s insurance policies on the doomed Deepwater ...
Assurant Names New CEO in Wake of Home Insurance Business Drop
Assurant Inc. promoted Alan Colberg to be the next chief executive officer as the insurer confronts a slump in the sale of coverage for foreclosed homes. Colberg, 53, becomes CEO on Jan. 1 and ...
U.S. Southwest Anticipates Flooding From Hurricane Odile
A week ago, Hurricane Norbert pumped tropical moisture across the U.S. Southwest, touching off record rainfall in Phoenix and Tucson that killed at least two people, flooded hundreds of homes and ...
Munich Re at Monte Carlo: Predictions of Moderate Growth
While many expect the global property/casualty reinsurance industry to continue its downward pricing spiral, Munich RE predicts moderate growth for itself in the near future. The world's largest ...