News
California Utility Reaches $11B Settlement Over Wildfire Claims
California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% percent of insurance subrogation claims relating to 2017 and 2018 ...
Risk Alert: Is Water Making Us Fat?
Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...
The Latest Launches From Neptune Flood, Apollo Insurance Solutions and Cape Analytics
AXA XL and Neptune Flood inked a deal that will help more than double Neptune's capacity nationally. A Canadian digital insurance marketplace, has entered the American market with a liability ...
Nationwide Unveils Commercial Insurance Digital Storefront Developed With Bold Penguin Infrastructure
Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote ...
Autonomous Vehicle Systems Fall Short (So Far) With Driving Complexities
To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead. But to the Tesla Inc. Model S traveling down a Southern ...
UK Insurer RSA Returns to Earlier Commercial Lines Organizational Structure
RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows ...
J&J Must Pay at Least $37.2M to Plaintiffs Who Blamed Cancers on Talc Powder
Johnson & Johnson must pay at least $37.2 million to four consumers who blamed asbestos-tainted talc for their cancers in the company's latest loss in nationwide litigation over its iconic baby ...
China-Owned Insurer Helps Soften Trade War Hits for Exporters and Importers
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and chasing down U.S. importers ...