U.S.
EU Mulls New Energy Taxes as Climate Change Countermeasure
The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for "drastic steps" to reduce ...
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 ...
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 ...