Innovation
The Driverless Car Market Could Be Worth $42 Billion in a Decade
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by ...
USAA to Test Ridesharing Insurance Coverage in Colorado
USAA will test auto insurance coverage in Colorado designed to fill a gap left in the surging ridesharing industry. Ridesharing competes with traditional taxis by offering one-time shared rides over ...
Self-Driving Car or Mobile Living Room?
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in ...
Carrier Management’s Top 10 News Stories of 2014
Five of the top Carrier Management news stories in 2014 ranked everything from insurance industry jobs to the companies themselves, in different iterations. The common link: there's huge interest in ...
Hiscox Re’s Definition of Innovation: Offering a ‘Twist of Lime’
Reinsurance innovations at Hiscox Re don't necessarily come in the form of entirely new products, according to Mike Krefta, the chief underwriting officer. Rounding out offerings like RAP and ...
Zurich, Hiscox See Market Spikes in Healthcare Provider Liability Costs and Numbers
Healthcare providers must deal with increasingly severe malpractice or liability claims, and corresponding reality that the number of these cases continues to rise, two new property/casualty ...
Allstate to Assist in Drone Development for Catastrophe Claim Work
Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it will help research and develop uses for unmanned aerial vehicles to review damages after disasters. Allstate joined a ...
Willis Re Unveils Japan Tsunami Model in an Industry Milestone
Willis Re has come up with a Japan tsunami model, something it asserts is a first-time milestone for an extreme weather event whose resulting losses have been hard for the industry to understand. In ...