Personal Lines
Air Bag Accident Victims Unable to Access Details of Other Settlements
Confidential settlements over defective Takata Corp. air bags are sealing off relevant information that other victims could use to pursue injury claims. The accords make financial sense for the ...
HSBC Will Reimburse Turkey Customers Hurt by Cyber Attack
HSBC Holdings Plc's Turkish unit said it will reimburse customers if a cyber-attack that caused the leak of 2.7 million people's data leads to fraud. While the information "isn't sensitive enough to ...
Driverless Cars Will Have the Most Impact in Cutting Accident Rates
As millions of cars are under recall for potentially lethal air bags, designers are trying to reduce the need for the device—using sensors, radar, cameras and lasers to prevent collisions in the ...
East Coast Hurricanes Can Flood the Midwest: University Research
Located hundreds of miles inland from the nearest ocean, the Midwest is unaffected by North Atlantic hurricanes. Or is it? With the Nov. 30 end of the 2014 hurricane season just weeks away, a ...
Travelers CEO Discloses He Suffers From a ‘Neuromuscular Condition’
The Travelers Cos. Chairman and CEO Jay Fishman disclosed that he is suffering from a "neuromuscular condition" that might require a cane or other aids in the future to get around. At the same time, ...
Liberty Mutual: Most Parents Lack Extra Coverage For Play Dates
Most parents lack umbrella liability insurance for everyday routines such as carpooling and hosting other children in their homes, Liberty Mutual determined in a new survey. The auto and home insurer ...
HSBC Slammed By Turkey Cyber Attack; 2.7M Customers’ Bank Data Lost
HSBC Holdings Plc's Turkish unit said it lost 2.7 million customers' bank data in a cyber-attack, after a similar security breach at JPMorgan Chase & Co. The hack resulted in the theft of data on ...
Report: China’s Anbang Insurance Mulling a $2B IPO
Anbang Insurance Group Co., the Chinese insurer buying New York's Waldorf Astoria hotel, is planning an initial public offering that could raise about $2 billion, people with knowledge of the matter ...