U.S.
HDI Global Specialty SE Makes Its Debut
A new specialty lines insurer is making its debut – HDI Global Specialty SE. HDI Global Specialty SE was created by merging Hannover Re's and HDI Global SE's specialty lines. HDI Global SE holds ...
Insurers Spent One Dollar in Four on Forest Fires Through 2018: Munich Re
Forest fires are becoming increasingly likely because of climate change and costing insurers more than ever, with the deadly fire that ravaged northern California the single most expensive natural ...
Daimler Self-Driving Big Rig Is Coming to U.S., Along With Fancy Tesla Truck
Daimler AG will start selling a heavy-duty truck in the U.S. this year that's able to brake, accelerate and steer at all speeds on its own. This will coincide with the planned launch of electric-car ...
Fiat Chrysler’s Appeal in Class Action Hacking Suit Fails With SCOTUS
The U.S. Supreme Court on Monday declined to hear Fiat Chrysler's appeal in a class action lawsuit over allegations that its Jeeps and other trucks are vulnerable to hacking, one of the first legal ...
A New J&J Talc Trial Begins in California
A California jury on Monday heard opening statements in the latest trial over allegations that Johnson & Johnson's talc-based products, including the company's baby powder, were contaminated with ...
Executives On The Move at Grange Insurance and BHSI
Grange Insurance Association has a new CEO, an executive promoted from within to replace a longtime leader who retired. Berkshire Hathaway Specialty Insurance appointed a new senior claims adjuster ...
Everest Re CEO Addesso Will Retire at 2019’s End
Everest Re Group Ltd. President and CEO Dominic Addesso plans to retire at the end of 2019, the Bermuda-based insurer and reinsurer disclosed on Jan. 7. The board of directors has already begun a ...
Billions in Federal Storm Mitigation Money Not Being Spent
The Trump administration is sitting on billions of dollars intended to help vulnerable cities and states prepare for extreme weather, prompting growing criticism from state officials worried about ...