A U.S. auto safety regulator said on Thursday it is opening an investigation into 447,000 Volkswagen Golf and Audi A3 and cars over fuel leak reports and whether a 2016 recall adequately addressed the issue. The National Highway Traffic Safety …
While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with environmental, social, and governance issues. Agree or not with the premise …
Vehicle theft rates continue to put pressure on the personal auto insurance market. CCC Intelligent Solutions said in its year-end report that the number of vehicle thefts in the U.S. increased 2% in the first half of 2023 after rising …
Tesla Inc.’s decision to fix more than 2 million vehicles’ Autopilot driver-assistance systems after a federal probe drew some praise from safety advocates, but many said the company should be taking additional steps to ensure drivers are paying full attention …
General Motors’ Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, according to a memo seen by Reuters on Wednesday, which the company confirmed included Chief Operating Officer Gil West. The investigation relates to an Oct. 2 …
Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is being created by unifying the operations of EmergIn Risk, led by Jamie Bouloux; StartPoint Executive Risks, led by Mark Peeters …
Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing solutions. According to a press release, Chubb policyholders in the U.S. and …
While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to share their perspectives on the market’s latest developments and outlook …
Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a federal safety regulator said the system posed safety concerns. The National Highway Traffic Safety Administration …
Meta Platforms’ lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according to a new filing in a copyright infringement lawsuit initially brought this …
