News
Volkswagen’s CEO Doubts Managers Knew of Emissions Rigging
Volkswagen Chief Executive Matthias Mueller has cast doubt on a report which last week said many managers at the German carmaker knew of, or were involved in, developing emissions test-rigging ...
National General Grabs Two U.S. P/C Insurers in Multi-State Expansion
National General Holdings Corp. acquired two U.S. regional property/casualty insurers, allowing it to expand into multiple states. The first acquisition involves Century-National Insurance Company, a ...
Cyber Attack Continues to Disrupt HSBC’s Online Banking
HSBC Holdings Plc said its U.K. online banking continues to be affected by a cyber attack that started earlier on Friday, the second time the bank's online services have been disrupted in Britain ...
Massive Workers Comp Fraud Scam Leads to 13 Indictments
An investigation into what's being called one of the largest cases of workers' compensation health care insurance fraud in California Department of Insurance history led to 13 indictments announced ...
Validus Saw Net Income Plunge in Q4 in Competitive Market
Validus Holdings saw its income plunge in the 2015 fourth quarter Chairman and CEO Ed Noonan said, however, that the Bermuda-based insurance and reinsurance holding enjoyed premium gains in some ...
California Will Require Drivers for Driverless Cars
Google Inc. envisions a world where a blind man can get in his car alone and tell it to take him to the grocery store. California regulators say self-driving automobiles aren't smart enough yet to ...
Reporter’s Notebook: Could Insurance Be the Economic Engine for the Internet of Things?
Fill in the blank: Advertising is to the Internet as <Blank> is to the Internet of Things. Until I attended the Property/Casualty Insurance Joint Industry Forum earlier this month, the ...
Your Toaster Could be at Risk for a Cyber Attack
Hijacking "smart" toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to ...