U.S.
Bain Capital Raises $1.15B for First Insurance Investment Fund
Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior ...
New Cybersecurity Labeling Announced for Smart Devices in the U.S.
The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose ...
Utility Investors Wary of Exposures After Buffett’s PacifiCorp Held Liable for Wildfires
Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and equipment blamed for igniting ...
Tailored Products, Personalized Services, Affordability Desired by Policyholders: Survey
Policyholders today are zeroing in on an insurer's reputation, premium affordability, and personalized services and products when shopping for insurance coverage, according to results of a new ...
Outcomes the Focus of US Businesses’ Cybersecurity Strategy
As cyber attacks grow in frequency, U.S.-based companies are managing the risk by tapping their current cybersecurity systems already in place, according to a new report by Information Services Group ...
New US Special Probe Opened to Investigate Fatal Tesla Crash
The National Highway Traffic Safety Administration said Tuesday it is opening a new special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 where advanced ...
Dangers of Muscle Cars Highlighted in New IIHS Analysis
Muscle cars, known for their high horsepower and hot rod image rank among the deadliest vehicles on the road, both for their own drivers and for people in other vehicles, according to recent analysis ...
Race Toward ‘Autonomous’ AI Digital Assistants Grows
Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the ...