Specialty
Rail Industry Isn’t Getting ‘Driverless’ Tech Anytime Soon
Peter Mills sees an inconsistency. One arm of the U.S. Department of Transportation is recommending two-person crews be required for freight trains as another plans to spend billions to help develop ...
Bermuda Market Leaders Assert Their Region is a Post-Brexit Haven
Four leaders of Bermuda market groups quickly issued statements last week to allay any fears that the fallout from the UK's Brexit vote would hit their market as well. "In a global economy, Bermuda ...
Lightning Could Threaten Millions of Homes Built With a Type of Gas Tubing
Lightning strikes occur approximately 25 million times each year in the U.S., as reported by the National Severe Storms Laboratory. As summer approaches, storm producing lightning strikes could ...
Zurich’s UK General Insurance Head Departs; Replacement Named
The CEO of Zurich Insurance's UK General Insurance business is departing, and the insurer has already named a replacement as it proceeds with a reorganization. Vibhu Sharma, who spoke at a FT life ...
Fatal Crash of Tesla on Autopilot Spurs NHSTA Investigation
U.S. regulators are investigating a fatal accident involving a Tesla Motors Inc. sedan that was driving on autopilot, drawing scrutiny to a key technology the electric-vehicle maker is betting on for ...
Marsh: 2015 Federal Terrorism Reinsurance Renewal Kept Market Stable
Passage of the updated U.S. federal terrorism reinsurance program in 2015 has helped maintain certainty and stability for the U.S. market even as the nature of terrorist acts has changed. Marsh noted ...
Willis Towers Watson CEO Sees Brexit Upside
John Haley, who merged his U.S. consulting firm with an insurance broker this year to form London-based Willis Towers Watson Plc, said the company is well-equipped to deal with disruption from U.K. ...
Kudos, Plus a Plea for More Use of Natural Defenses to Reduce Climate Risks
U.S. communities are arguably making progress using natural defenses to help protect themselves from disasters and climate change hazards. As of now, however, the effort still falls short and much ...