Commercial Lines
Tesla Owner Sues Carmaker, Alleging Use of Defective Batteries
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what ...
Lloyd’s, London Markets Exceed Q2 Electronic Placing Targets
More than half of in-scope market risks were placed electronically in the London and Lloyd's markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other ...
Climate Change Could Increase Turbulence On Your Next Transatlantic Flight
Keeping your seat belt buckled for the duration of Transatlantic flights increasingly looks like a good idea, according to a study of weather systems. The research by meteorologists at the University ...
Data Science Startup DataCubes Is Ramping Up Carrier Partnerships
InsurTech DataCubes raised its first funding round of $2.5 million just under two years ago and continues on a growth trajectory today. (Hint: more fundraising is planned in the near future.) The ...
The Coming Talent War Over Millennials and Their Transformational Skills
By as early as 2025, as much as 75 percent of the global workforce could be millennials, and they will bring a whole new set of demands and expectations to the modern workplace. Importantly, they ...
InsurTech Product News: A Carrier Partnership and Workflow Management Pilot Project
The Hartford is working with Cape Analytics to apply artificial intelligence to its property insurance quote and renewal process. An InsurTech focused on streamlining workflows for independent ...
California Utility Loses $2.6B Due to Wildfires and Bankruptcy
PG&E Corp., the bankrupt California utility giant, reported a $2.6 billion second-quarter loss and said it expects more charges this year tied to wildfires that devastated the state in 2017 and ...
Companies Can Attract Millennials by Helping Repay Their Student Debt
Like millions of her peers, Nicole Read graduated with thousands of dollars of debt. Unlike most of them, she's getting direct help from her employer to pay it back. The 26-year-old's job at event ...