News
Uber Pushes Back Against California Driver Lawsuit
A lawsuit filed by drivers against ride service Uber should not proceed as a class action, the company argued in a court filing on Thursday, citing written statements of support from hundreds of ...
Insurance Claims Specialist Wins $230K in Robocall Complaint
Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc. must pay the insurance claims specialist $229,500 for placing 153 ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
Nevada Commissioner Kipper Announces Resignation
Nevada Insurance Commissioner Scott J. Kipper last week announced his resignation, effective July 2, 2015. Amy L. Parks has been appointed acting insurance commissioner by Bruce H. Breslow, director ...
Bank of England to Give December Verdict on Solvency II Insurer Risk Models
The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and determine capital requirements as the industry prepares for the new European Union ...
ACE Doubles Terrorism, Political Violence and War Insurance Capacity
ACE Ltd., which recently announced a $28.3 billion deal to acquire The Chubb Group, is doubling its terrorism, political violence and war insurance capacity. The plan is for ACE to boost its ...
Report: AXIS, PartnerRe May Sweeten Their $6.2B Merger Agreement
Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people ...
Munich Re America Teaming Up With Robotics Firm on Autonomous Vehicle Feasibility Study
Munich Reinsurance America announced Wednesday that it is teaming up with Comet, a developer of ground mobile robotics pilot projects, to conduct a feasibility study focused on autonomous vehicle ...
China Monsoon Economic Loss Near $4B: Aon Benfield
Impact Forecasting, Aon Benfield's catastrophe model development team, reported June figures for catastrophe losses on opposite sides of the global, with China monsoon losses coming in highest at ...