Global Economy
Auto Insurance Premiums Could Collapse as Driverless Cars Take Hold
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in ...
Warren Buffett’s ‘Woodstock for Capitalists’ Will Debut Online Video Streaming
For years, most Berkshire Hathaway Inc. shareholders had to fly to Omaha, Nebraska, pay jacked-up hotel rates and line up early on a Saturday to hear Warren Buffett at the company's annual meetings. ...
AIG, Hamilton, Two Sigma Target Small Commercial Enterprise Market with New Joint Venture
American International Group, Inc., Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP plan to jointly develop and launch a technology-enabled, customer-centric insurance ...
Colorado State Forecasts 12 Named Storms for the 2016 Atlantic Hurricane Season
The coming Atlantic hurricane season should produce a near-average 12 named storms before it ends in November, according to Phil Klotzbach, lead author of the pioneering Colorado State University ...
Fallout from the Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. ...
Executives On The Move at Hiscox, Guy Carpenter, Assurant and More
Hiscox is bringing on a former Prudential executive in a key international role. Guy Carpenter hired on two new executives. Two former AIG executives are joining Ryan Specialty Group. Assurant turned ...
The Latest Launches from Everest Re, Starr Companies and Willis Towers Watson
Everest Re Group is getting into the credit and political risk coverage business. Starr Companies added new services to its cyber terror response insurance. Willis Towers Watson unveiled a ...
Cyber Thieves See Limited Chances Before Credit Card Chips Curtail Their Theft Opportunities
Cyber thieves see new credit card chip technology being adopted by U.S. retailers closing a lucrative window of opportunity to steal your data. So they want to move fast. "We've actually seen a ...