News
Uber Avoids Criminal Charges in Fatal 2018 Arizona Self-Driving Crash
Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company's self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. ...
Facebook Beats Back Disclosure Demands in D.C. Privacy Lawsuit
Facebook Inc. doesn't need to respond to District of Columbia Attorney General Karl Racine's demands for data about the social media giant's user privacy-protection policies while awaiting a ...
Executives On The Move at Metromile and Willis Towers Watson
Pay-per-mile car insurance company Metromile is bringing on industry veterans to fill some key roles. Willis Towers Watson made three executive appointments for its Corporate Risk and Broking segment ...
Carriers Will Increasingly Target InsurTechs for Investment, Acquisition in 2019: Deloitte
Carriers will increasingly seek InsurTech startups as investment and eventual M&A targets in 2019, according to Deloitte's predictions outlined in a new report. "Insurance companies' appetite for ...
High Cat Losses Helped Spike U.S. P/C Rating Downgrades in 2018: A.M. Best
U.S. property/casualty rating downgrades more than doubled in 2018 compared to the previous year, a result stemming from factors including catastrophic weather losses and challenging pricing ...
ChainThat Will Debut Blockchain-Driven Risk and Capital Exchange in Bermuda
A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and ...
Aon Reportedly Subpoenaed in N.Y. Over Trump Organization Dealings
New York State's financial regulator has subpoenaed the insurance broker for President Donald Trump's family business, a person familiar with the matter said on Tuesday, after former Trump lawyer ...
Lyft Reveals Impressive Array of Risk Factors in IPO Filing
The risk-factors section of an IPO prospectus is a bit like a transcript of a chief financial officer's worst nightmares. For Lyft Inc., which filed publicly for an initial public offering Friday, ...