Markets
Dismissal of Lawsuits Over Missing Malaysia Air Flight Upheld on Appeal
A U.S. appeals court on Friday upheld a lower court decision to dismiss nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims' families sought to hold the ...
Masimo Sues Apple, Alleging Theft of Tech for Watch
Apple Inc. is accused of stealing trade secrets and improperly using Masimo Corp. inventions related to health monitoring in its Apple Watch. Masimo, which develops signal processing technology for ...
Cambridge Mobile Telematics’ New Smartphone Tech Lets Auto Insurers Reconstruct Crashes
Cambridge Mobile Telematics is launching a new product that lets auto insurers use smartphones reconstruct crashes as part of the claims process. The company said its new Claims Studio product line ...
Trump Approves Emergency Declaration for Puerto Rico After Quake
President Donald Trump approved an emergency declaration for Puerto Rico on Tuesday, according to a person familiar with the matter, after a deadly earthquake struck the commonwealth that was already ...
Beazley and RenaissanceRe Debut Cyber Catastrophe Cover Backed by Capital Markets
Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber events. The majority of the security behind ...
Big Tech Is Helping Transform Cars Into Smartphones
Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car. With the widespread ...
Insurers Call for Greater Climate Change Action in Wake of Australia Fires
As the devastation from Australia's bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an ...
InsurTech MGA Corvus Raises $32M, With Plans to Counter Complex Cyber Risks
Corvus Insurance disclosed it has attracted $32 million in new financing that will fuel further growth, in part by countering complex cyber risks. The InsurTech-focused managing general agent based ...