Underwriting
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...
Munich Re, Swiss Re Part of FEMA’s New $1M Reinsurance Launch for NFIP Risks
The Federal Emergency Management Agency is turning to the likes of Swiss Re and Munich Re for its first reinsurance program to help manage catastrophic costs from its debt-ridden National Flood ...
Three Google Self-Driving Vehicles Involved in Arizona Crashes
Google says three of its self-driving vehicles were involved in crashes in the Phoenix, Ariz. metro area in August. The California-based company says its drivers were manually controlling the ...
Slower-Growth Surplus Lines Still P/C Industry Bright Spot: A.M. Best
It looks like diversification and keeping your balance sheet solid has gone a long way for the surplus lines market. These practices will likely be the sector's saving grace in the months ahead, A.M. ...
Tesla Security Patch Released to Address Model S Hacking Vulnerabilities
Tesla Motors Inc has rolled out a security patch for its electric cars after Chinese security researchers uncovered vulnerabilities they said allowed them to remotely attack a Tesla Model S sedan. ...
Self-Driving Car Guidelines Urge Data Sharing to Boost Safety
Competitors locked in a cut-throat race to bring fully self-driving cars to American roads are being asked to share experiences with "edge cases," rare scenarios that pose the most vexing safety ...
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. ...