U.S.
Tiny Cameras, Sensors Help Reduce Risks in Cars With Automated Driving Tasks
Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like ...
The Hartford Is Transferring $1.6B in Pension Liabilities to Prudential
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
Five More Flood Insurance Revamp Proposals Advance in House Committee
The House Financial Services Committee advanced five flood insurance proposals on Wednesday, adding to the two bills it passed last week. The House measures seek to reform and reauthorize the ...
Executives On The Move at XL Catlin, JLT Re and Everest Re
XL Catlin promoted an executive on its E&S team. JLT Re named a new partner for its Bermuda operation. Everest Re Group hired a former Hiscox executive to be its vice president and head of the ...
AIG, MassMutual Take on $1.6B in Accenture Pension Obligations
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The ...
Trump Talks Drones, Internet of Things With Tech Executives
President Donald Trump met with two dozen executives from technology companies and venture capital firms on Thursday for advice on how the government can promote emerging technologies such as drones ...
General Motors Mass Produces Self-Driving Chevy Bolt Test Vehicles
General Motors Co. says it has built 130 self-driving Chevrolet Bolt electric cars at a factory in suburban Detroit, making it among the first automakers to mass produce self-driving vehicles. The ...
Cyber Insurance Premium Tally: $1.3B in 2016, a 35 Percent Hike
Property/casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 percent jump from 2015, according to reports by Fitch Ratings and A.M. Best. The largest ...