Commercial Lines
U.S. Agency Will Investigate 12th Tesla Crash Connected to Possible Autopilot Use
The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a ...
J.D. Power Merges With Autodata Solutions; Data Analytics for Insurance, Other Industries to Continue
J.D. Power, a provider of data analytics and consumer intelligence for insurance and other industries, has merged with Autodata Solutions, a company that produces data and software products and ...
Bristol-Myers Defeats Gilead, Winning $752M in U.S. Patent Case
Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer. A jury in Los Angeles ...
Google/Alphabet Pursues Mediation to Settle Investor Suits Over Sex Harassment
Alphabet Inc. is pursuing mediation to settle investor litigation alleging the company let senior leaders at Google get away with sexual harassment and misconduct for years. Company directors this ...
Avis CEO De Shon to Join Hartford’s Board Upon Retirement
The soon-to-be-retired CEO of global rental car giant Avis Budget Group is joining The Hartford's board of directors. Larry De Shon takes on his new role as of Feb. 19, 2020 and he will serve on The ...
Executive Viewpoint: In 2020, InsurTechs Will Lead the Way
The year 2019 has been a defining one for InsurTechs and, in many ways, has set the pace for what's to come. No longer are legacy companies the presumed leaders of the industry, as we've seen ...
Bermuda Gains Reciprocal Status With U.S. Starting Jan. 1, 2020
Bermuda's insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal ...
Liberty Mutual Pledges Drastic Reduction in Coal Investments, Appoints Chief Sustainability Officer
Liberty Mutual Insurance will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among ...