News
Japan’s Government Ruled Liable for Fukushima Nuclear Disaster
A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the ...
The Latest Launches From XL Catlin, Root, CNA and QBE
XL Catlin has received approval to write insurance in Monaco. InsurTech Root's new program offers policyholders free rides on dangerous driving days. CNA has added Aclaimant to its Allied Vendor ...
W.R. Berkley, Tokio Marine Back Weather Analytics’ $17M Series B Financing
Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 ...
AmTrust Delays Annual Report Again to Enable Completion of Internal Audit
AmTrust Financial Services disclosed it will once again need extra time before filing its annual report, due to an ongoing internal audit that requires a longer timeframe. A.M. Best is being patient ...
Car Makers, Suppliers Give Widely Differing Timelines for Self-Driving Cars
Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between ...
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
VW Exec Ordered Held Until U.S. Emissions Trial Starts Next Year
A federal judge in Detroit on Thursday ordered that a Volkswagen AG executive charged in the automaker's diesel emissions scandal be detained until his trial set for next year, agreeing with ...
Nationwide Joins Insurify’s $4.6M Financing; Startup Launches Car Insurance Comparison on Facebook Messenger
Nationwide's venture arm is among the investors behind a new $4.6 million funding round for Insurify, an MIT spinoff with a virtual tool for car insurance shopping. Meanwhile, its service has debuted ...