News
German Investors Sue VW for Record $9.2B in Emissions Scandal Fallout
Volkswagen AG faces Germany's biggest investor lawsuit as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the ...
Self-Driving Car Guidelines Urge Data Sharing to Boost Safety
Competitors locked in a cut-throat race to bring fully self-driving cars to American roads are being asked to share experiences with "edge cases," rare scenarios that pose the most vexing safety ...
CoverHound Small Biz Commercial Site Goes Live
CoverHound, an InsurTech company that allows customers to compare and purchase personal auto insurance online, is adding a full suite of business insurance offerings—including workers compensation ...
P2P Insurance Startup Lemonade Makes New York Debut; Further Expansion ‘In Due Course’
Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup's debut and initial venture funding announcement. The New York-based company said that it now ...
When Vehicle Claims Surge: How to Weather the Storm
Unpredictable and severe weather patterns are a continuous and growing concern for property/casualty insurance companies. In fact, data findings from a new study in the journal Naturedemonstrate that ...
Zurich Combines Corporate/Commercial Arms Into Single Unit; Ex-AIG Exec to Lead It
Zurich Insurance Group disclosed plans to combine its Corporate and Commercial businesses into a single Commercial Insurance unit, and a former AIG executive will help lead it. James Shea will be ...
Berkshire Hathaway’s Combs Named to JPMorgan’s Board as Banking Ties Grow
Berkshire Hathaway Inc.'s Todd Combs has been named to the board of JPMorgan Chase & Co., helping him build expertise beyond investment management and expanding the ties of Warren Buffett's ...
Racketeering Suit Alleges State Farm Bankrolled Judge
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the ...