Underwriting
Rideshare Company Lyft Plans to Slash Insurance Costs and Phase in Self-Driving Vehicles
Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's ...
Capital Shield, Berkley Debut Cover for Individuals Dealing With Embezzled Investment Funds
Insurance is hitting the market that will protect individual investors if an asset manager or investment adviser embezzles their investment funds. Capital Shield Inc. and Capital Shield Insurance ...
Volvo Will Install In-Car Cameras, Sensors to Prevent Drunk Driving
Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or ...
Italian Parcel Company Mulling Use of Drones, Driverless Vehicles in Growth Push
Poste Italiane aims to more than double the number of parcels it delivers by 2022, the head of its Mail and Parcel (M&P) unit said, as the former postal services monopoly presses on with its ...
Cyber Attack Strikes Aluminum Maker Norsk Hydro in Europe and U.S.
Norsk Hydro ASA, one of the world's biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working ...
Flood Damage Risks Escalate in U.S. Midwest
The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few ...
Brexit in Disarray After Maneuver by Speaker of Parliament
Prime Minister Theresa May's Brexit plans were in disarray on Tuesday as her government sought to plot a way around a ruling by the speaker of parliament that she must change her twice-defeated ...
U.S. Personal Auto Insurers See (Some) Turnaround in Their Bottom Lines: A.M. Best
U.S. personal auto insurers are showing some improvements in their bottom lines after a tough couple of years, according to a new A.M. Best market segment report. To be sure, the numbers are not ...