U.S.
More Self-Driving Car Tests to Hit California Roads
Mercedes-Benz has followed Volkswagen AG's Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion ...
Ridesharing Insurance Legislation Becomes Law in California
California Governor Jerry Brown signed new insurance requirements on ridesharing companies into law on Wednesday, but the regulations come at a far lower cost to the industry than previously written ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
Fireman’s Fund, Minus Commercial, to Zero in on Personal Lines
While Allianz is bringing Fireman's Fund Insurance Company's commercial lines business into its own operations, the short-term plan with its personal lines arm appears to be a focus on maintaining ...
Senate: U.S. Military Contractors Struck by Chinese Hackers
Chinese-backed hackers infiltrated the computer networks of airline, shipping and information technology companies responsible for transporting personnel and weapons for the U.S. military, a Senate ...
BP Argues Missing Comma Entitles it to $750M in Coverage For Gulf Oil Spill
BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, asked a Texas court to let it tap into $750 million in Transocean Ltd.'s insurance policies on the doomed Deepwater ...
Allianz Declines Comment on Report That it Will Sell Part of Fireman’s Fund
Allianz refused to comment Tuesday on a report that it will unload the personal insurance arm of Fireman's Fund, its U.S. subsidiary, due to repeated operating losses. "Allianz never comments on ...
Progressive to Pursue Sizable Hiring Plans Through 2014
Progressive Corp., the fourth largest U.S. automobile insurer, wants the world to know that it is hiring nearly 1,000 people by the end of 2014. What's the plan? Progressive said it will do this by ...
Assurant Names New CEO in Wake of Home Insurance Business Drop
Assurant Inc. promoted Alan Colberg to be the next chief executive officer as the insurer confronts a slump in the sale of coverage for foreclosed homes. Colberg, 53, becomes CEO on Jan. 1 and ...