Markets
Safety Board Recommends Blood Alcohol Technology in All New Cars
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be required to have blood alcohol monitoring systems that can stop an intoxicated person from driving. The ...
Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk
Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers' underwriters more efficiently evaluate risks for large and ...
Trump Defrauded Insurers, New York AG’s Lawsuit Says
Donald Trump and the Trump Organization used false and misleading statements of financial condition to obtain favorable real estate loans and insurance coverage over the last decade, according to a ...
Report: While Hackers Eye Small Businesses, Ransomware Attacks Decline
A new cyber trends mid-year report released by cyber insurer Coalition suggests that while small businesses continue to be targeted, overall incidents are down and ransomware attacks are declining as ...
Rising Auto Rates Affecting ‘Bundle’ Strategy: J.D. Power
Bundling home and auto insurance may have hit a roadblock as consumers have started to break up policies largely due to increases in auto insurance premiums, according to J.D. Power. Overall ...
U.S. Traffic Deaths in First Half 2022 Hit 16-Year High
U.S. traffic deaths rose 0.5 percent in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an early estimate released by U.S. regulators. Traffic ...
Autobrake Performance Dips After Sundown: IIHS
A nighttime test of pedestrian automatic emergency braking (AEB) systems to address the high percentage of pedestrian crashes that occur on dark roads has been introduced by the Insurance Institute ...
Executives on the Move at Millers, Gallagher Re, TransRe
Millers Mutual Insurance, a niche property/casualty insurer for multifamily housing, has named Jeffrey Pratt as president and chief executive officer, effective Sept. 16, 2022. Pratt joined Millers ...