National News

A Cautious Uber to Try Self-Driving Vehicles on Roads Again

Uber Technologies Inc. is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle …

Swiss Re Corporate Solutions Names Vetter Head of E&S North America

Swiss Re Corporate Solutions has appointed Daniel Vetter as head of Excess & Surplus North America, a newly-created role. Vetter will be responsible for the strategy and growth of the company’s E&S Property and Casualty business, as well as for …

Marriott CFO Says Too Early to Estimate Cyber Breach Costs

It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect proxies, said Chief Financial Officer Leeny Oberg at …

How Insurance Broker A.J Gallagher Cleans Up on Clean Coal Subsidies: Reuters

Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth hundreds of millions of dollars to …

Waymo Self-Driving, Fare-Generating Taxis Hit the Road in Arizona

Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has begun charging passengers to use its driverless vehicles in a roughly 100-mile …

Judge Questions Government’s Approval of CVS Acquisition of Aetna

QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s acquisition of insurer Aetna Inc. said Tuesday he was “less convinced” than the government that the companies had struck a …

Medtronic Ends U.S. Medical Device Probes with $51 Million Payment

Medtronic Plc said on Tuesday it would pay $50.9 million to resolve U.S. Justice Department probes into how companies it later acquired marketed medical devices, including one meant to treat a vascular defect in the brain. As part of the …

AIG Names Lyons as CFO, Succeeding Sankaran

American International Group (AIG) has appointed Mark D. Lyons to the role of executive vice president and chief financial officer (CFO), succeeding Sid Sankaran, who will remain at AIG in an advisory capacity through the year-end reporting process for fiscal …

Computer Model Identifies Risky Restaurants in Near Real Time

A new computer model is proving significantly more accurate in identifying potentially unsafe restaurants when compared with existing methods of consumer complaints and routine inspections. The model uses machine learning and de-identified and aggregated search and location data from logged-in …

Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents

CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today. With 16 agencies already using the platform, another 100 are on …

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