News
From Pandemic to Cyber War, Clear Policy Wording Is Key for Insurers
Insurers and insureds alike agree that clear policy wording will be the path forward in dealing with concerns about cyber war in the wake of the Russia-Ukraine conflict. This isn't the first time in ...
Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI
A mid-year update on the commercial property/casualty market from USI Insurance Services is the latest to report rate stabilization in most lines of business — except for cyber. The cyber insurance ...
Autonomous Vehicles Can Be Tricked Into Dangerous Stops: Research
When a driverless car is in motion, one faulty decision by its collision-avoidance system can lead to disaster, but researchers at the University of California, Irvine have identified another ...
McCathron Succeeds Wand As Hippo CEO
InsurTech Hippo, a home insurance group focused on proactive home protection, announced Monday that it has appointed President Richard McCathron as chief executive officer, replacing founder and ...
Musk’s Words, Actions Kickstarting a Tesla ‘Great Resignation’
Elon Musk needs to cut one in ten jobs at Tesla. Some may already have their eye on the exit. The Tesla chief executive's intentions, conveyed in an internal email seen by Reuters, are rooted in what ...
GM’s Cruise Gets Calif. Robotaxi Permit; Paying Riders Allowed in Driverless Cars
General Motors Co.'s Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San Francisco, after it overcame objections by city officials. Self-driving ...
Amazon Accused of Obstructing House Probe of Deadly Tornado
Amazon.com Inc. is obstructing a congressional investigation of a deadly December tornado by failing to provide documents about emergency preparedness and communications with workers during the ...
Climate Change Lawsuits Are Exploding Globally, but Court Wins Are Few
A year ago, a Dutch judge ordered Shell to slash its emissions harder and faster than planned. Victorious campaigners and lawyers declared the win would straighten up the biggest polluters and serve ...