Monthly Archives: <span>May 2016</span>

Promise of Robot Cars Includes Surges in Traffic Congestion and Miles Driven

Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. Experts foresee robot cars chauffeuring children to school, dance class and baseball …

Sixth Sense Lessens Risk of Driving While Absentminded But Not While Texting

While much has been made about the dangers of texting and driving, less attention has been focused on the age-old distractions of being absentminded or upset while driving. A team of researchers from the University of Houston (UH) and the …

China Seeks Help from UK on Its Plans to Create Financial Super-Regulator

China has asked Britain for advice on plans to create a financial super-regulator, as it looks to improve financial oversight following last year’s stock market crash, sources with knowledge of the talks told Reuters. The discussions between representatives from China …

Beazley Expands Marine Business by Buying Subsea Specialist Leviathan Facility

Beazley, a provider of specialist marine insurance, is expanding its marine offerings with the acquisition of London-based subsea specialist The Leviathan Facility. Beazley will acquire the majority of their existing book and renewal rights. In addition, principal Leviathan underwriters, Simon …

Previous Telecom Efforts Flopped But Google, Apple See Future for Telemedicine

Google and Apple Inc. have some bright ideas about the future of health care. Not so long ago, AT&T Inc. and Verizon Communications Inc. had similar ideas: a networked world of devices and services that would revolutionize how medicine is …

Dog Bites Insurer

This week is National Dog Bite Prevention Week (certainly a noble cause). To celebrate this “occasion,” the Insurance Information Institute (I.I.I.) published the most recently available dog-bite statistics. According to the study, more than one-third of all homeowners’ insurance liability …

Zurich Restructure on Track, but Organization Still too Complex: CEO Greco

While Zurich Insurance Group’s new chief executive officer believes the insurer is on the right track in terms of growth and profit, the organizational structure remains too complicated, he suggested during an investor conference yesterday. “Zurich is world famous for …

Kentucky Doctor Gets 100 Months for Over-Prescribing Pain Pills

A former doctor with offices in Louisville, Ky., and southern Indiana has been sentenced to 100 months in prison for unlawfully distributing prescription drugs. Jamie Guerrero agreed to pay $827,000 in restitution to victims as part of a January plea …

Florida Hurricane Fund Financially Sound, Ready for Storm Season

Florida’s continued lucky streak when it comes to dodging hurricanes is helping a key state fund reach its best financial shape ever in the two decades it has been in place. The state-created fund known as the Florida Hurricane Catastrophe …

Tennessee Investigating Death of Knoxville Steel Mill Worker

The Tennessee Occupational Safety and Health Administration is investigating the death of a worker at a Knoxville steel mill. Knoxville police have said 55-year-old Anthony McDowell was working in a storage area of Gerdau Ameristeel when a pallet overturned on …