Markets
Proposed California Regs Would Allow for Small Self-Driving Delivery Trucks
California regulators on Friday proposed regulations that would allow vehicle manufacturers to test or deploy small self-driving delivery trucks on public roads, the state's Department of Motor ...
Major European Insurers Expect France to Shoulder Notre-Dame Rebuilding Cost
Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday. The cost of a ...
An Explanation About Uber’s ‘Heavy’ Dependence on Insurance
Uber Technologies Inc., on its way to an initial public offering that some media reports say could raise $10 billion, might not be in the position it is in without insurance. "Our business depends ...
Most Hotel Websites Accidentally Leak Guests’ Personal Data: Symantec Research
Two out of three hotel websites inadvertently leak guests' booking details and personal data to third-party sites, including advertisers and analytics companies, according to research released ...
The Hanover Starts Offering Customer-Facing Digital Platform Using CoverWallet Tech
The Hanover Insurance Group is debuting a customer-facing digital platform designed to help independent agents acquire new business customers including freelancers, contractors and others. Dubbed ...
Executives On The Move at AXIS Re and PartnerRe
The leader of a major AXIS Re division is retiring, and someone is being promoted from within to replace him. PartnerRe hired an outside executive to help run its Americas division.
California Gov. Newsom Proposes Fund to Cover Wildlife Liabilities
California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities and said he would hold the state's largest utility more accountable for insuring safety against the ...
AmTrust to Sell Surety, Credit Reinsurance Biz to Liberty Mutual
Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Financial terms were not disclosed. ...
Allstate, Starr Companies Join $18M Financing for Amenity Analytics
Hank Greenberg's Starr Companies and Allstate contributed to a new $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze ...