U.S.
AIG CEO Duperreault Got Paid $43.1M in 2017
American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed on Tuesday. AIG, which during the financial crisis faced questions over ...
The Latest Launches From XL Catlin, Validus and Tokio Marine Kiln
XL Catlin and RedSeal have a new resilience measure designed to gauge risk and improve cybersecurity and insurance terms. Validus Specialty Underwriting Services Inc. and a new partner are offering ...
Starr, Skywatch Partner on Usage-Based, Telematics-Driven Insurance for Drones
Starr Companies said it will partner with risk analytics company SkyWatch to provide usage-based, telematics-driven insurance for the drone industry. Their deal will let drone operators obtain ...
Fatal Tesla Crash, Fire in Calif. Leads to U.S. Investigation
The U.S. National Transportation Safety Board is opening a field investigation of a fatal Tesla Inc crash and major vehicle fire near Mountain View, California, last week, the agency said on Tuesday. ...
Root Raises $51M to Fuel Further Growth of Telematics-Based Auto Insurance Biz
Root, an auto insurance startup centered around telematics, closed a $51 million venture financing designed to fuel expansion into more states and enable further investment in its core technology. ...
Uber Disabled Autonomous Vehicle’s Safety Tech Before Fatality
Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week, according to the auto-parts maker that supplied the ...
3 Things That Can Help Executives Do Their Jobs Better
Here are three tips executives can use to do their jobs better and be more effective leaders: Don't rely on transparency so much. Back-room, private discussions can actually elicit more honest ...
Blockchain Gives Life to a 300-Year-Old Idea
Blockchain technology is actually a new way to pursue an insurance distribution system that existed 300 years ago, an expert at Willis Towers Watson said. "This works like the way we used to do ...