News
Regulators Concerned After Tesla Eases Driver Monitoring When Using Autopilot
Tesla is allowing some drivers use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. ...
Tech Bytes: New Partnerships at One Concern, Cover Whale
One Concern, an AI physical risk company, and Swiss Re, a global reinsurance leader, announced a strategic partnership that aims to enhance the underwriting and management of natural catastrophe ...
Florida’s Gulf Coast Begins Cleanup From Hurricane Idalia
Cleanup and recovery from Hurricane Idalia began on Thursday along Florida's Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to the last major hurricane that ...
Idalia Rumbled Ashore as Cat 3, Lashing Tallahassee and Much of Florida and Georgia
Just when parts of the property-casualty industry thought it was safe to re-enter the Florida market, Hurricane Idalia made landfall closer to the heavily populated Tallahassee area than expected and ...
Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. ...
Financial Institutions Bank Heavily on Embedded Insurance
Interest in insurance digital offerings is growing significantly, especially by banks and fintechs, with the majority expecting digital products to comprise 10 percent or more of revenue within three ...
Hawaii Utility Admits Power Lines Started Fire, But Faults Others
Hawaii's electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second ...
Hurricanes Ranked by Highest Insured Losses in the U.S.
Insurers are bracing for heavy losses as Hurricane Idalia makes landfall in Florida's Big Bend region as an "extremely dangerous" Category 3 storm. The hurricane, which comes after a very expensive ...