News
NAIC Panelist: Catastrophe Modeling Is in Demand, Well Beyond P/C Insurance
Catastrophe modeling is going mainstream, well beyond the world of property/casualty insurance underwriting. It is becoming a necessary tool as consumers and the municipalities in which they live ...
‘007 Couldn’t Speed Up AIG Fix; Capital No Longer Ratings Differentiator: S&P
Even if James Bond were American International Group's chief executive instead of Brian Duperreault, he couldn't orchestrate a quick enough turnaround to prompt S&P to change the outlook on the ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
Telematics Tech Coming Into Its Own With Commercial Auto Insurers
Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. According to Zach Schmiesing, director, Commercial Lines, ...
S&P’s Ratings, Negative Outlook for AIG Will Continue
S&P Global Ratings has affirmed its 'A+' insurer financial strength rating and 'BBB+' long- and 'A-2' short-term issuer credit ratings on American International Group Inc. (AIG), and its 'A+' ...
Judge Won’t Release Calif. Utility From Wildfire Cost Claim
PG&E Corp. suffered another legal setback with a judge saying he won't release the company from a key legal claim over the most destructive wildfires in California history. PG&E has been ...
NAMIC Urges Autonomous Driving System Developers to Focus on Safety, Data Sharing
While automated driving systems hold great promise to save lives and reduce crashes, the focus must remain on validating the safety of the technology every step of the way, according to the National ...
Another Tesla Crash Involving Autopilot Gets U.S. Regulatory Scrutiny
Tesla Inc. confirmed to police that another of its vehicles crashed with a driver using Autopilot, and the incident triggered more scrutiny by federal regulators. Technicians at the electric-car ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...