Personal Lines
Motorist Behavior Needs More Study, PCI Says
In a statement praising automakers for committing to standardize automatic emergency braking by 2022, an executive from the Property Casualty Insurers Association of America urged more focus on ...
Automakers Jointly Fund AI Research in Race to Catch Google on Self-Driving Cars
Automakers didn't build the self-driving car: Google did. That's a big problem for them. Hoping to catch up, Ford, Toyota, and Volkswagen are betting on academics. Along with Nvidia, Samsung, ...
Insurance Discounts Ahead as U.S. Automakers Promise Crash-Avoidance Braking by 2022
The chief U.S. auto safety regulator defended a voluntary agreement with carmakers to add automatic braking systems, saying that making the change mandatory would take too much time. Under the terms ...
Florida’s Citizens Pushes Policy Changes to Address Rising Water-Loss Claims
Citizens Property Insurance Corp.'s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress ...
The Latest Launches From Ironshore, Brit, QBE and More
Ironshore is expanding its cyber coverage in Canada. RealRate and Pinnacle Actuarial Resources will jointly offer a beefed up comparative price tool for commercial auto insurance. Brit launched new ...
Driverless Cars May Go Nowhere Unless Congress Passes Nationwide Rules
A patchwork of state laws governing the operation of self-driving cars threatens to stall their development, supporters told lawmakers as U.S. senators began consideration of a national standard for ...
The Rapid Global Ascendance of China’s Anbang Insurance
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance. The ...
VW Dealt a $3.7B Lawsuit in Germany Over Diesel Scandal Coverup
Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. ...