News
U.S. Issues New Safety Rule Governing Driverless Vehicles
The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates the current Federal Motor Vehicle Safety Standards to account for ...
Tussle Over Connected Car Data Shifts Into High Gear; EU Mulling Regs
Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits. Companies in Europe and beyond are vying for control of the crown jewels of the ...
WTW Follows Marsh, Aon in Russia Business Withdrawal
Global broking and advisory firm WTW announced it would withdraw all of its businesses in Russia on Sunday. The move follows similar ones announced by brokers Marsh McLennan and Aon late last week. ...
Swiss Re, Allianz, WTW Cutting Russia Ties
Allianz and Swiss Re said on Monday they were cutting back on Russian business as European financial institutions turn their backs on Russia. The German insurer and Swiss reinsurer join banks ...
Critical Cos. Paying Ransom Face New U.S. Reporting Requirement
Companies critical to U.S. national interests will now have to report when they're hacked or they pay ransom, according to new rules approved by Congress. The rules are part of a broader effort by ...
InsurTech MGA Loadsure Raises $11M to Expand Cargo Insurance Technology Platform
InsurTech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy and logistics company, and ...
At Least 6 U.S. State Governments Hacked by China, Warns Cyber Firm
Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in the United States in the last year, according to a report released Tuesday by ...
Metal Thieves Swiping Tailpipes Create 1,000% Spike in Claims
State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the ...