Industry News
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’
W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain." During a call with analysts to discuss first-quarter ...
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB Collapse
Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies ...
Tech Bytes: New Partnerships at Driver Technologies, EagleView, CAPE Analytics
Driver Technologies Inc., an artificial intelligence-based mobility tech company, and TomTom, or TOM2, a geolocation technology specialist, announced a partnership to implement the premium version of ...
Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars
Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a sharp increase in thefts fueled ...
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance
German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has faced growing political pressure in the United ...Insurance Veteran Motamed, 74, Dies
Thomas F. Motamed, an industry veteran who started his career as a claims trainee and eventually led some of the largest insurers in the world, died of brain cancer on Tuesday. He was 74 years ...
Tesla Wins Bellwether Trial Over Autopilot Crash
A California state court jury on Friday handed Tesla Inc. a sweeping win, finding the electric vehicle maker's Autopilot feature did not fail in what appeared to be the first trial related to a crash ...