May 23, 2018
A pair of consumer advocacy groups want the U.S. Federal Trade Commission to investigate Tesla Inc., charging that the company’s advertising and other promotional claims about the safety and capability of its Autopilot driver-assistance technologies are deceptive. “Two Americans are …
May 23, 2018
A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve the cyber insurance problem for small …
May 22, 2018
Marsh has launched a new insurance product to provide financial protection to US-based businesses and their global operations affected by an infectious disease outbreak. PathogenRX, developed by Marsh in collaboration with Munich Re, and epidemic risk modeler Metabiota, is a …
May 22, 2018
U.S. lawmakers are set to give President Donald Trump a chance to make good on his vow to “do a big number” on the Dodd-Frank Act. Legislation set for passage by the Republican-dominated House this week is the product of …
May 22, 2018
The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees. …
May 22, 2018
Three-quarters (73 percent) of American drivers now say they would be too afraid to ride in a fully self-driving vehicle, up significantly from 63 percent in late 2017. Additionally, two-thirds (63 percent) of U.S. adults report they would actually feel …
May 22, 2018
Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary Greyhawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff since 2006. Greyhawk Specialty is a dormant Rhode Island domiciled excess …
May 22, 2018
A lobbying group representing major foreign companies doing business in the United States including Anheuser Busch Inbev and Siemens said on Friday it had dropped its opposition to bills that would tighten oversight of foreign investment. The U.S. Senate and …
May 22, 2018
Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of Insureon. Insureon, a bit of a disruptor itself, is a national …
May 22, 2018
After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change. Chief Executive Officer Bob Dudley raised the topic of class-action lawsuits twice during …