News
Tesla Tells U.S. Lawmakers Autopilot Requires ‘Constant Monitoring’
Tesla Inc. defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but acknowledged they require "constant monitoring and attention ...
SEC Weighs Four-Day Deadline for Firms to Disclose Cyber Attacks
Companies would face more pressure to alert the public of hacks or other significant cybersecurity incidents under a new plan from the U.S. Securities and Exchange Commission. The SEC will consider a ...
Five Essential Considerations in Evolving Predictive Modeling
The majority of insurers have implemented sophisticated predictive models over the past decade, often in their pricing and automotive lines of business. Despite strong evidence of impact, many are ...
J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits
More than 50 years ago, nearly a dozen men incarcerated outside of Philadelphia enrolled in an experiment funded by Johnson & Johnson, according to unsealed documents. Now, those studies have ...
Lawyer-Turned InsurTech Founder Looks Into Cloud to Settle Tesla Claims
While Tesla has designs on using the data it collects to price insurance policies, the founder of an InsurTech is using it for the other end of insurance transactions—to unravel the story of ...
More Price Increases for U.S. Commercial Insurance in Q4 2021: WTW
U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW's latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported ...
On the Highway: A Litigator’s View From the Driver’s Seat of a Tesla
In 2016, Mike Nelson, the founder of InsurTech Quantiv Risk, bought his first Tesla and embarked on a 12-state cross country trip to get a first-hand understanding of where automobile technology was ...
U.S. Supreme Court Spurns Google Bid to Avoid Shareholder Lawsuit
The U.S. Supreme Court on Monday declined to hear Alphabet Inc's attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing a security glitch that left ...