Industry News
Auto Insurance Premiums Could Collapse as Driverless Cars Take Hold
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in ...
Warren Buffett’s ‘Woodstock for Capitalists’ Will Debut Online Video Streaming
For years, most Berkshire Hathaway Inc. shareholders had to fly to Omaha, Nebraska, pay jacked-up hotel rates and line up early on a Saturday to hear Warren Buffett at the company's annual meetings. ...
Majesco’s Fall ’26 Product Release Accelerates the Journey to a Frontier Firm We are standing at the edge of a...
ACE/Chubb Merger Makes it a Major U.S. P/C Player: Fitch
The massive $29.5 billion ACE/Chubb merger in 2015 vaulted the combined company to seventh place in the U.S. property/casualty insurance market. But the remaining top 10 rankings saw few other ...
Chubb Expands Distribution Network for Environmental Products and Services
Chubb has broadened the availability of its premises pollution liability and other environmental insurance coverages and risk management solutions through an expanded distribution network. Chubb's ...
Colorado State Forecasts 12 Named Storms for the 2016 Atlantic Hurricane Season
The coming Atlantic hurricane season should produce a near-average 12 named storms before it ends in November, according to Phil Klotzbach, lead author of the pioneering Colorado State University ...
Cyber Hacking Risks Discovered in U.S. Army’s $12M Mobile Network
A $12 billion mobile Internet network that the U.S. Army is using in Iraq, Afghanistan and Africa has significant cyber security vulnerabilities that were found in combat testing. After a review ...
Executives On The Move at Hiscox, Guy Carpenter, Assurant and More
Hiscox is bringing on a former Prudential executive in a key international role. Guy Carpenter hired on two new executives. Two former AIG executives are joining Ryan Specialty Group. Assurant turned ...
Texas Hailstorms Poised to Bring Insured Losses Above 9-Year Average: A.M. Best
Springtime hailstorms in the Dallas-Fort Worth region of Texas are adding up to some significant insured losses that could exceed the 9-year average, according to the latest A.M. Best briefing. Two ...