News
In Robots We Trust; Maybe We Shouldn’t, Research Study Says
In emergencies, people may trust robots too much for their own safety, a new study suggests. In a mock building fire, test subjects followed instructions from an "Emergency Guide Robot" even after ...
In Today’s Market, Specialty Insurers Rule: Conning
Specialty property/casualty insurers are now a dominant force in the market and generate more than half of the industry's premiums, Conning Inc. asserts in a new report. Two-thirds of individual ...
MetLife Rolls Out First Commercial Auto Insurance Policy
MetLife Auto & Home has introduced its first commercial automobile policy. The product is now available in Illinois, Indiana and Ohio, with more states planned in the near future. The commercial ...
Liberty Mutual Ended 2015 Bruised by Catastrophe Losses
Liberty Mutual Insurance ended 2015 in the black, but higher losses from catastrophes and other hits hurt its performance during the year. Parent Liberty Mutual Holding Co. booked $411 million in net ...
BHSI Announces Key Appointments for New Medical Stop Loss Division
Berkshire Hathaway Specialty Insurance has established a dedicated Medical Stop Loss Division in the U.S. and appointed industry veteran John Snyder to lead the effort. Snyder comes to BHSI with ...
Bill Gross: Allianz’s PIMCO Playing Dirty in Trying to Kill Departure Suit
Bill Gross said Pacific Investment Management Co. isn't playing by the rules in its effort to kill the lawsuit he filed last year over his departure. Gross told a California state judge Tuesday that ...
VW Claims CEO Didn’t Initially Notice 2014 Diesel Emissions Warning Memo
Volkswagen's former chief executive officer was alerted to problems with U.S. diesel emissions tests in 2014, but the issue "did not initially receive particular attention at the management levels," ...
Buffett Protégé Slashes Jobs to Help Berkshire Units Rebound
Tracy Britt Cool earned Warren Buffett's trust overseeing a constellation of smaller units at his conglomerate, Berkshire Hathaway Inc. The billionaire's annual report gives a glimpse into one thing ...