U.S.
Judge Rules Fiat Chrysler Must Face U.S. Safety Compliance Lawsuit
A U.S. judge on Wednesday said Fiat Chrysler Automobiles NV must face a lawsuit claiming it defrauded shareholders by overstating its ability to comply with vehicle safety laws. U.S. District Judge ...
AIG Sued for $100M in Bonuses by Former Derivatives Staff
American International Group Inc. was sued by former staff who say they were denied $100 million in bonuses amid public outrage over derivative trades that crippled the insurer and threatened the ...
Hurricane Matthew Reaches Florida; Millions in U.S. Southeast Told to Flee
Millions of people in the U.S. southeast were ordered to flee as Hurricane Matthew, set to become the strongest storm to hit the country since 2005, headed toward Florida's East Coast after leaving ...
The P/C Insurance Industry and Analysts Scramble for Hurricane Matthew
With news that Hurricane Matthew could hit Florida and nearby states by Friday as a Category 4 storm, the property/casualty insurance industry scrambled on Thursday to assess and prepare for the ...
September’s Tropical Storms Cost More Than $4B in Economic Losses: Aon Benfield
Tropical storms cost the global economy $4.2 billion in September, according to the latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting. Hurricane Hermine became the first ...
Markel, EMC Join Global Insurance Accelerator Program
Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business focused on developing innovative insurance-centric startups. Eight insurers are already participating ...
The Latest Launches from Slice Labs and Zurich Insurance
Slice Labs is now offering on-demand for insurance to folks who rent their homes through various online platforms. Zurich Insurance launched multiline coverage for mid-sized energy companies. *** ...
Burritos-by-Drone Testing Underway in the Virginia Mountains
Rising from the treetops, the whirring drone comes into view with its cargo tucked under the wing. It hovers about 25 feet above a bullseye on the grass. A white trapezoidal box descends, does a ...