U.S.
Rail Risks in Focus: Trump’s Promise of Continued Deregulation and Investment Keeps Insurance Opportunities on Track
The growth of short-line and regional railroads over nearly three decades, coupled with safety advancements, have fueled new opportunities for specialty insurers in the United States—and a new ...
Uber Self-Driving Car Program at Risk; Engineer Allegedly Stole Trade Secrets
A judge said he's inclined to slap an order on Uber Technologies Inc. that may impede its self-driving car program after being told its director won't testify because he faces possible criminal ...
Market Pressures Rise for Bermuda Insurers and Reinsurers: A.M. Best
Bermuda market insurers and reinsurers are beginning to experience lower profits, a deterioration in both return on equity and combined ratio as well as the drying up of favorable reserve ...
The Hartford Exec Tooker Given Additional Responsibilities
The Hartford has given one of its major executives some additional responsibilities. Mo Tooker, hired as chief underwriting officer for P/C operations less than two years ago, is now also head of the ...
Fraud Probe Proceeds Concerning Exxon’s Disclosure of Climate Change Financial Risks
Exxon Mobil Corp.'s attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge ...
Bedbugs Help Drive Increase in U.S. Animal-Related Insurance Claims
Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by ...
Slice Labs’ Pay-Per-Use Rideshare Insurance App Enters Real-World Test Phase
About a year after its debut, insurance tech startup Slice Labs said it has completed a pay-per-use rideshare insurance app. The next step: testing the technology with "a select set" of rideshare ...
China’s Anbang Insurance and Kushner End Manhattan Tower Deal Talks
China's Anbang Insurance Group Co. and a company co-owned by the family of President Donald Trump's son-in-law Jared Kushner have ended talks to redevelop a Manhattan office tower, a deal that had ...