Markets
Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk
Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...
GM Resolves Lawsuit Regarding Motorcyclist Struck by Self-Driving Auto
General Motors Co agreed to settle a lawsuit filed by a motorcyclist involved in a minor crash with one of its self-driving cars in San Francisco late last year, the U.S. automaker said on Friday. ...
Calif. Wildfire Relief Fund Reportedly Mulled to Address Liability Costs, Relief
California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a ...
Watermark Consulting Study: Insurance Customer Experience Leaders Extend Their Edge Over Laggards
Insurers that earn jeers from their customers are falling further behind the ones that earn cheers. That's the key takeaway from Watermark Consulting's 2018 Insurance Customer Experience ROI Study. ...
CNA Formally Launches Shiny New HQ
CNA moved into a new state-of-the-art global headquarters, marking its official opening on June 1. The Chicago-based insurer's new space at 151 North Franklin Street in Chicago's Loop business ...
It Will Cost a Cool $3.3M for This Special Lunch With Warren Buffett
The chance to dine with Warren Buffett costs $3.3 million this year. That was the winning bid for a lunch with the billionaire investor in a week-long charity auction that concluded Friday on EBay ...
Assurant Closes $2.5B Acquisition of The Warranty Group
Assurant has closed its $2.5 billion acquisition of rival The Warranty Group, seven months after the deal was first announced. Assurant, based in New York, offers insurance and related services for ...
Caribbean Insurers Well Withstood Impact of Record-Setting Hurricanes: A.M. Best
An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed ...