Commercial Lines
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. ...
German Investors Sue VW for Record $9.2B in Emissions Scandal Fallout
Volkswagen AG faces Germany's biggest investor lawsuit as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the ...
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 ...
CoverHound Small Biz Commercial Site Goes Live
CoverHound, an InsurTech company that allows customers to compare and purchase personal auto insurance online, is adding a full suite of business insurance offerings—including workers compensation ...
Zurich Combines Corporate/Commercial Arms Into Single Unit; Ex-AIG Exec to Lead It
Zurich Insurance Group disclosed plans to combine its Corporate and Commercial businesses into a single Commercial Insurance unit, and a former AIG executive will help lead it. James Shea will be ...
Racketeering Suit Alleges State Farm Bankrolled Judge
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the ...
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. ...