Personal Lines
Top 5 Markets of 2015
There was no shortage of new products launched by the insurance industry in 2015. Cyber, a risk that has consistently seen a lot of activity over at least the last several years, continued to be on ...
Hyatt Hotels System Infected with Credit-Card-Stealing Malware
Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at ...
U.K. Storm Claim Tally Could Hit $2.2B: KPMG Estimate
U.K. insurers may face claims totaling as much as 1.5 billion pounds ($2.2 billion) from businesses and homeowners for damage caused by two storms this month, according to consultant KPMG LLP. Heavy ...
At Least 11 Dead in Texas Tornadoes
At least 11 people died and dozens were injured in apparently strong tornadoes that swept through the Dallas area and caused substantial damage this weekend, while five people died in a flash flood ...
Google, Ford Will Disrupt Detroit Together: Bloomberg View
With the auto industry on the verge of its self-driving future, insiders and car enthusiasts have been gearing up for a clash of the titans, pitting the lumbering giants of Detroit against the nimble ...
Google, Ford Considering Self-Driving Car Partnership
Google and Ford Motor Co. are in talks about forming a partnership to develop autonomous car technology, a person briefed on the matter said last Tuesday. The extent of a partnership between the ...
2016 Prediction: P/C Pricing Pressures Will Force Broad Rate Declines
After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted. Pricing will either ...
When One Driverless Car Hits Another, Who’s at Fault?
Imagine a robot car with no one behind the wheel hitting another driverless car. Who's at fault? The answer: No one knows. But plaintiff's lawyers are salivating at the prospects for big paydays from ...