News
New US Special Probe Opened to Investigate Fatal Tesla Crash
The National Highway Traffic Safety Administration said Tuesday it is opening a new special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 where advanced ...
Business Leaders Appear Less Concerned by Cyber Risk: Report
The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on cyber risk appears to be diminishing, according to a Beazley risk and reliance ...
Reinsurance Broker Augment Launches With Access to $100M in Funding
Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from Altamont Capital Partners. Over the last decade, the global ...
Dangers of Muscle Cars Highlighted in New IIHS Analysis
Muscle cars, known for their high horsepower and hot rod image rank among the deadliest vehicles on the road, both for their own drivers and for people in other vehicles, according to recent analysis ...
Race Toward ‘Autonomous’ AI Digital Assistants Grows
Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the ...
Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses
Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal and small commercial lines business in long-term ...
Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment ...
Conning: Cyber Insurance Market at a Critical Juncture
The next three years will be critical to the long-term growth prospects of the cyber insurance market, according to a scenario-led analysis of the market's dynamics report released by Conning, "Cyber ...