Personal Lines
Chubb Division May Sue Over Tesla Autopilot Crash
A Texas man said the Autopilot mode on his Tesla Model S sent him off the road and into a guardrail, bloodying his nose and shaking his confidence in the technology. He doesn't plan to sue the ...
UK Officials Reportedly Will Pull Brexit Start Trigger by April 2017
Prime Minister Theresa May's team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.'s withdrawal from the European Union, according ...
Insured Losses Price Tag for Fort McMurray Wildfire Rises
The Fort McMurray Wildfires in Alberta in May are already Canada's costliest ever. A new estimate now places the insured-loss priced tag even higher than previously thought. Insured losses from ...
Natural Catastrophes Created $31B in Global Insured Losses Through H1: Swiss Re’s Sigma
Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44 percent of total economic losses of US$71 billion, according to a ...
Allstate Reports $253M in Pretax Catastrophe Losses for July
Allstate's estimated pretax catastrophe losses for July hover around the $253 million mark, the latest high number in monthly warnings issued by the property/casualty insurer. Allstate explained in ...
Mark Your Calendar: Ford Plans Driverless Ridesharing Car by 2021
Ford Motor Co., which put the world on wheels a century ago, is now taking the driver out of the driver's seat. The company said it plans to have a fully autonomous vehicle -- no steering wheel, no ...
Global P/C Insurance Rate Declines Slowed Again in Q2: Marsh
The state of global insurance rates in the 2016 second quarter is very much a mixed bag. On the one hand, global insurance rates declined for the 13th consecutive quarter. However, this is the second ...
GM Ignition-Switch Lawsuit Tossed by Texas Judge
A Texas judge has thrown out a lawsuit against General Motors from a woman who blamed a 2012 car crash on a faulty ignition switch that later prompted the company to recall 2.6 million vehicles. The ...