Innovation
Tesla Developing Self-Driving Trucks, Pushing for Tests in Nevada
Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in "platoons" that automatically follow a lead vehicle, and is getting closer to testing a prototype, according ...
Autonomous Car Makers Pursue Sharing of Risk and Investment
BMW and Daimler, the world's top luxury carmakers, have announced alliances with suppliers, talking up the virtues of having a bigger pool of engineers to develop a self-driving car. But another ...
Shipping Industry Starts Embracing Retro Tech as Cyber Threat Deterrence
The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. Ships use ...
InsurTech Startup Lemonade Expands to New Jersey, Its Fourth State
Lemonade is now doing business in New Jersey. The New York-based peer-to-peer insurance startup disclosed its latest state rollout on Aug. 2. It is doing business in three other states – New York, ...
Commercial Drone Startup Atlas Dynamics Raises $8M; Market Focus Includes Insurance Industry
A commercial drone startup based in Latvia with an eye, in part, on the insurance industry has raised $8 million in funding. Atlas Dynamics declined to disclose its specific investors, other than ...
UBI Is a Failure, But Telematics Insurance Is Working Extraordinarily Well
Insurance telematics has been out there for more than 20 years. Many insurers have tried to play with the technology, but few have succeeded in using the data available from connected telematics ...
The Latest Launches From Generali and XL Catlin
Generali's travel insurance arm is coming out with three new coverage plans, plus its first direct-to-consumer travel insurance website. XL Catlin has come out with a new policy form to address the ...
The Latest Launches From Starr Companies, Ironshore and AIG
Starr Companies added new features to its Directors & Officers policy. Ironshore has a new product that helps serve the Lloyd's China platform. AIG Travel has added new products but changed its ...