Underwriting
P2P Insurance Startup Lemonade Makes New York Debut; Further Expansion ‘In Due Course’
Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup's debut and initial venture funding announcement. The New York-based company said that it now ...
Self-Driving Cars Would Face 15 Benchmarks to Pass in Proposed U.S. Guidance
The Obama administration's proposed guidelines for self-driving cars, formally unveiled Tuesday, include 15 benchmarks automakers will need to meet before their autonomous vehicles can hit the road. ...
Hiscox Combines Cyber Risk/Professional Liability in New Hospital Coverage
Hiscox recently started marketing a combined cyber risk/professional liability coverage for hospitals. The product combines the services of its healthcare and cyber underwriters under the name ...
Tesla Warns Shareholder Suits Could Delay SolarCity Acquisition
Elon Musk-led Tesla Motor Inc said on Monday its proposed acquisition of SolarCity Corp could be delayed due to shareholder lawsuits challenging the deal. The company said four lawsuits were filed in ...
Samsung Sued by Florida Man Alleging Explosion Injury From Galaxy Note 7
Samsung Electronics Co was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket. The lawsuit by Jonathan Strobel may ...
XL Catlin CEO McGavick: Some P/C Industry Products Now ‘Shop-Worn’
The insurance/reinsurance industry needs to innovate and become more efficient. It is facing more risk, but premiums are declining. Some of its products have become shop-worn and less relevant. ...
The Latest Launches From Chubb and XL Catlin
Chubb came out with new coverage options for the clean tech industry. XL Catlin debuted an enhanced professional liability insurance policy form targeted to architects, engineers and design ...
Porsche Drawn into VW Diesel Suits
Porsche Holding SE was dragged deeper into the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal. A group of institutional ...