Personal Lines
Growing Drone Risks Evident in Spike of Collisions and Close Calls
Aviation regulators are investigating a flurry of collisions and close calls between consumer drones and aircraft, encounters they say pose significant risks to the flying public. Canadian ...
DroneBase Raises $12M in New Financing; Insurers Among Drone Operator’s Customers
DroneBase raised $12 million in new funding to expand its drone operations services for insurers and other businesses. Union Square Ventures and Upfront Ventures co-led the round. DJI and new ...
‘Hyper-Learning’ Could Be Good Tool to Rapidly Transform Your Company
Hyper-learning — the process of continuously learning and unlearning — is a way to help transform companies and other large organizations trying to adapt in the Digital Age, a University of ...
Kemper, After Tough Q4, Will Pay $1.3B for Infinity Property and Casualty
Insurer Kemper Corp will acquire Infinity Property and Casualty Corp for about $1.3 billion in cash and stock to boost its nonstandard auto insurance business, the two companies said on Tuesday. ...
Weather Analytics Company Understory Wins Patent for Proprietary Sensor Tech
Understory secured a patent for sensor technology used as part of its private network to collect real-time weather data on the ground in great detail. Alex Kubicek, CEO of the Wisconsin-based weather ...
March 1 Autonomous Car Summit Planned by U.S. Transportation Dept.
Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, ...
CNA CEO Robusto Asserts ‘Heightened Underwriting Focus’ Helped Produce Solid Results
CNA sustained a dip in net income and took a catastrophe cost hit at the end of 2017, but the insurer saw its combined ratio actually improve. What's more, its 2017 net income of nearly $900 million ...
La Nina Will Likely Fade by Springtime
The current La Niña weather cycle is likely to transition into more neutral conditions by spring, a U.S. government weather forecaster said on Thursday La Niña is characterized by unusually cold ...