News
Travelers Proposes Using Current Auto Insurance Model for Autonomous Vehicles
Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer ...
Ford Will Fork Over $299.1M to Resolve Takata Air Bag Consumer Claims
Ford Motor Co. has agreed to pay $299.1 million to settle consumers' economic-loss claims connected to Takata Corp. air-bag recalls. The settlement, filed in federal court in Miami Monday, reimburses ...
China’s Ping An Insurance Behind Launch of Hong Kong Banking Blockchain
Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC , on Tuesday said they will jointly launch a trade finance platform in September using blockchain ...
A Good Leader Finds Out the Story Behind a Job Well Done
A good leader asks for the story behind a job well done, rather than just giving compliments and going on with their day. That's the argument that Ron Carucci makes in a recent Harvard Business ...
The Latest Launches From RMS, Liberty Mutual and JLT Re
RMS debuted the newest iteration of its signature catastrophe risk management software. Liberty Mutual's National Insurance Property unit increased its per-risk capacity to help property owners and ...
U.S. Regulator Downplays Immediate Need to Regulate Self-Driving Cars
It's premature to regulate the self-driving vehicles being tested by companies such as General Motors Co. and Waymo LLC, the U.S. government's top auto safety official said. "At this point the ...
Overturning the J&J $4.7B Talc Verdict Won’t Be Easy
Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company's products gave them ovarian cancer by arguing the plaintiffs' ...
May’s Brexit Rebellion Worsens; Second Referendum Proposed
Theresa May's long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former ministers began assembling lawmakers to vote against her Brexit ...