News
The Hartford is Rare Insurer to Protect Investments From Climate Change Risks: Analysis
Insurers manage a large chunk of the world's investment capital, but they're not acting fast enough to protect their investments from the adverse effects of climate change, the Asset Owners ...
Travelers Hurt by Fire Catastrophe Fallout, Investment Income Plunge
Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average, said quarterly profit slipped 18 percent to its lowest since 2012 as costs tied to natural disasters rose while ...
Tesla May Deflect Autopilot Liability Due to Huge Data Collection Effort
The large volume of data Tesla Motors Inc collects from its cars on the road has armed it with information to publicly counter, and possibly legally defend, claims about the safety of its Autopilot ...
Female Execs See Progress in Diversifying Insurance Workforce: IICF Survey
Perceptions may remain that the insurance industry is still overwhelmingly male, but a new survey shows that some insiders see progress. Approximately 87 percent of respondents said that their ...
Insurers Will Gain by Innovating for the Internet of Things
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, ...
Allianz Unveils North American Transactional Liability Unit as M&A Surges
Allianz Group is launching a new transactional liability unit designed to take advantage of greater M&A deal activity in the U.S. and, ultimately, around the world. The insurer's Allianz Global ...
Smart Car-Makers Could Outmaneuver Traditional Auto Insurers
As Internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition from car manufacturers. Insurers have struggled ...
Lawsuit Accuses VW ‘Top Brass’ of Orchestrating Emissions Cheating Years Ago
Volkswagen AG Chief Executive Officer Matthias Mueller became aware of emissions cheating a decade ago as part of a broad conspiracy orchestrated by "top brass," according to lawsuits filed by U.S. ...