Government
Octo Telematics’ Execs to Buy Russian Shareholder Stake, Paving Way for IPO
Italy's Octo Telematics announced last week that its chairman and chief executive have signed a binding agreement to purchase 20 percent of Octo's shares from Russian company Renova Holdings. This ...
Tesla Draws Negative Response for Blaming Autopilot Death on Driver
Consumer-safety advocates and autonomous-vehicle experts criticized Tesla Inc. for issuing another statement about the death of a customer that pinned the blame on driver inattentiveness last week. ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Facebook CEO Zuckerberg Claims His Own Data Was Improperly Shared With Cambridge Analytica
Facebook Inc Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political ...
EU Will Grant Consumers More Powers to Sue Companies
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. ...
Opinion: Steps Regulators and Legislators Should Take To End Reverse Competition Abuses
Reverse competition is a major problem in insurance lines like title insurance, credit insurance, and lender-placed insurance—one that is not easy to correct. The beneficiaries of reverse ...
Opinion: Competition Driving Prices to Excessive Levels in Several Specialty Insurance Lines
Competition is driving up prices. No, that's not a typo, and, no, this is not a belated April Fool's column. As a result of a serious insurance regulatory oversight problem in most states, certain ...
Wells Fargo Reportedly Risks Record Fine From U.S. Consumer Watchdog for Various Abuses
The top U.S. watchdog for consumer finance is seeking a record fine against Wells Fargo & Co that could exceed several hundred million dollars for auto insurance and mortgage lending abuses, ...
Chubb CEO Greenberg Sounds Off on NAFTA, China and ‘America First’
Chubb Chairman and CEO Evan Greenberg voiced dissatisfaction about the "America First" political direction of the United States and how it is causing damage to world trade and politics. "I am ...