Underwriting
Anti-Hacking Company Claims It Took Over a Tesla Model 3’s GPS
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker's latest Autopilot technology, sending the vehicle off its intended ...
Two Ex-AIG Employees Awarded $10 Million Ahead of Larger, Related U.K. Bonus Case
Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to block the payment of bonuses they'd ...
Hamilton Re Sponsors Issuance of Its First Cat Bond
Hamilton Re has sponsored issuance of its first catastrophe bond. The reinsurance platform of Bermuda-based holding company Hamilton Insurance Group said that the issuance has taken place through its ...
Chubb CEO Greenberg, More Industry Heavy-Hitters to Advise Lloyd’s on Future Strategy
Lloyd's has gathered a group of industry heavy-hitters — such as Evan Greenberg at Chubb, Dan Glaser at Marsh & McLennan and John Haley at Willis Towers Watson — to sit on advisory committees ...
The EU Struggles to Ease Fears Over Committing to Carbon Neutral Target by 2050
EU nations hoping to help lead the fight against global warming by agreeing to go carbon neutral by 2050 at a summit on Thursday engaged in last-ditch diplomacy to ease fears among central and ...
Lloyd’s CEO Pursues Meetings With AIG, Chubb to Boost Its U.S. Business
Is the IoT the Future of Workers Comp?
Internet of Things capabilities, already familiar to insurers from personal lines applications like auto telematics, are emerging in the workers compensation space through purpose-built monitoring ...
The Latest Launches From Sompo International/Air Worldwide, Verisk and Aon
Sompo International plans to use Air Worldwide's casualty analytics platform to improve its underwriting process for many commercial liability lines. Verisk is rolling out an InsurTech product ...
AIG Combines Reinsurance Divisions Into Single Unit; Ex-Marsh Exec Schaper to Lead
American International Group has combined its various reinsurance divisions into a single global entity dubbed AIG Re. The consolidated operation includes Validus Re, AlphaCat and Talbot Treaty, ...