News
Federal Appeals Court Overturns $366M FedEx Race Bias Verdict
A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx, in a case brought by a Black sales manager who said the package delivery company fired her in retaliation for ...
U.S. Guardrail System No Match for Heavy Electric Vehicles
Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the ...
Cyber Insurance Seeing Influx of Newcomers as Risk Awareness Grows
Arctic Wolf and Cyber Risk Alliance's 2023 Cyber Insurance Outlook Report found that while more than 70 percent of organizations surveyed in the report have a cyber insurance policy, nearly half of ...
The Latest Launches from Hub International, CoverForce
Hub International Limited, announced the launch of HUB Multinational Protection, a risk management services and insurance product tailored to the evolving complex risk needs of multinational clients ...
Small Business Focused InsurTech Rainbow Announces $12M Seed Round
Rainbow, a digitally-enabled managing general underwriter offering tailored small business insurance products, has announced $12 million raised in seed funding with participation from Caffeinated ...
Long Road Back for GM’s Cruise After Safety Review
General Motors' Cruise self-driving car unit faces a trip that could last the better part of this year to convince regulators and a wary public that its robotaxis are fit to share the road with human ...
Generative AI Can Boost Insurance Industry Fraud Detection, Customer Service
Strategic implementation of generative AI can be a significant differentiator for stakeholders in the insurance industry, according to new research by Info-Tech Research Group. Without a ...
California Sued by Business and Agricultural Groups Over New Climate Disclosure Laws
Business and agricultural groups sued California on Tuesday over the most sweeping climate disclosure mandates in the nation, arguing the policies signed by Gov. Gavin Newsom last year overstep on ...
Record Q4 at Chubb Ends Historic, ‘Blowout Year’
Record fourth-quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago, ended what CEO Evan G. ...