Markets
Risk Alerts: Cyber Threats to Automated Electric Vehicles, U.S. Infrastructure
Automated electric vehicles exposed to cyber threats. Researchers from the University of Georgia have identified cybersecurity weaknesses that could threaten the safety of connected and automated ...
Employees Remained Resilient Despite COVID-19 Stress and Anxiety: Travelers Survey
U.S. employees confronted unprecedented work-related stress and anxiety during the COVID-19 pandemic over the last year, but most remain resilient, according to a new Travelers survey. Travelers ...
American National Group Reportedly Up for Possible Sale
U.S. insurer American National Group Inc is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday. The news sent shares of American ...
Judge Orders Right-Wing Institute to Pay $2.4M to Man Hurt at Charlottesville Rally
A federal judge in Ohio has ordered a right-wing think tank led by white nationalist Richard Spencer to pay $2.4 million to an Ohio man severely injured during a white supremacist and neo-Nazi rally ...
Generali Invests in (Environmentally Friendly) Electric Scooter Startup
Italy's biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. Ridemovi, which operates ...
Monitaur Raises Funding to Fuel Development of Machine Learning Assurance Tech
InsurTech startup Monitaur raised some crucial early-stage financing that will help expand hiring and its development of machine learning assurance technology. The oversubscribed $2.6 million funding ...
AXIS Re Appoints Execs for Revamped Property Reinsurance Arm
AXIS Re, the reinsurance business segment of AXIS Capital Holdings, made a number of new appointments within its leadership team. The end result includes a new division for Property Reinsurance and a ...
Investment Gains Fuel Liberty Mutual’s Q1 Income Results
Strong investment income gains helped Liberty Mutual more than doubled its first-quarter net income, largely countering more than $1 billion in catastrophe losses. Still, its consolidated combined ...