News
Pilotless Commercial Flights on Google’s Radar Screen
The chief of Google Inc.'s experimental cargo-drone program wants to see automated flight go beyond pilotless planes and extend to commercial air travel. Just as automation has proved its worth in ...
U.S., New Orleans Property Owners Discuss Possible Katrina-Related Damages
Attorneys for the U.S. government and some New Orleans area property owners met behind closed doors with a judge Wednesday to discuss possible damages arising from a ruling last week that a federally ...
Every insurance claim tells a story, but rarely in a single document. Instead, that narrative unfolds across adjuster notes, medical...
Third Point Re: U.S. Expansion Helped Grow New Business in Q1
Third Point Reinsurance Ltd. reported solid gains in net income and new business during its 2015 first quarter, driven in part by its U.S. expansion efforts. The Bermuda-based reinsurer reported ...
Willis Re: Reinsurance Capital Oversupply Makes a Bad Situation Worse
Willis Re offers yet another industry warning about the oversupply of global capital in reinsurance. The reinsurance division of Willis Group Holdings said that dedicated global reinsurance capital ...
Zurich Sees Q1 Profit Dip 4 Percent at General Insurance Unit
Zurich Insurance Group AG, Switzerland's biggest insurer, said first-quarter profit fell 4 percent on lower earnings from general insurance and higher tax payments. Net income declined to $1.22 ...
Ericsson Sues Apple in Europe, Seeking Phone Patent Royalties
Ericsson AB said it sued Apple Inc. in three countries as it ratcheted up a global licensing battle between the companies. The suits in Germany, the U.K. and the Netherlands add to U.S. filings ...
Escalating Cyber Attacks Inflict $6B Annual Cost on U.S. Health System
A rise in cyber attacks against doctors and hospitals is costing the U.S. health-care system $6 billion a year as organized criminals who once targeted retailers and financial firms increasingly go ...
Insurers to FAA: Include Us In Your Commercial Drone Initiative
The FAA's new partnership with industry to explore the use of commercial drones in newsgathering, agricultural and railroad industries is drawing a cautiously optimistic reaction from the P/C ...