Personal Lines
Willis Towers Watson Selling Telematics Tech to Octo; Both Will Jointly Develop More
Willis Towers Watson plans to sell its usage-based insurance assets to Octo Telematics, a UK telematics company focused on the auto insurance industry. Once the deal concludes, both companies will ...
Napa, Santa Rosa Fires Place 172,000-Plus Homes at Risk: CoreLogic
More than 172,000 homes with a combined reconstruction cost value of more than $65 billion face some level of risk from the metropolitan Napa and Santa Rosa fires in California, according to a new ...
U.S. Supreme Court Won’t Yet Decide What Constitutes a Computer Hacking
The U.S. Supreme Court on Tuesday sidestepped a growing controversy over who can give permission to access a computer, a debate that goes to the core of what constitutes hacking in this era of ...
Calif. Wildfires Kill 11, Prompt Massive Evacuations, Damage Prime Vineyards
Wildfires that tore through northern California's iconic wine-growing regions have prompted evacuations of more than 20,000 people, killed 11 and damaged some of the most valuable vineyards and ...
Corporate Social Responsibility Can Get a CEO Fired: Research
CEOs are increasingly encouraged and even pressured to invest in reducing a company's carbon foot print, make the firm more diverse and focus on product safety. But researchers from the University of ...
Hurricane Nate’s Insured Losses Will Reach Close to $500M: Karen Clark & Co.
Hurricane Nate will likely cause close to $500 million in insured losses, according to a flash estimate from catastrophe modeling form Karen Clark & Co. While the number is not insignificant, it ...
Buffett’s Berkshire Hathaway Buys Stake in Italian Insurer Cattolica
Warren Buffett is expanding his wager on Italy. The billionaire's Berkshire Hathaway Inc. said Thursday it agreed to buy about 9 percent of Italian insurer Societa Cattolica di Assicurazioni Scrl ...
Texting Isn’t to Blame for Still-Rising U.S. Traffic Deaths
Traffic fatalities in the U.S. jumped for the second straight year in 2016 despite a dip in crash deaths linked to distracted driving, according to data released by federal highway safety regulators. ...