UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with AI specialist Tractable. In what it describes as “a first” for the UK market, Ageas said the technology is now …
Insurance coverage for autonomous vehicles will bring $81 billion in new premiums to the insurance industry over the next eight years, according to a report from Accenture and Stevens Institute of Technology. These revenues will be derived from three new …
More than a dozen Democratic attorneys general on Thursday sought to intervene to defend a key part of the Obamacare healthcare law — subsidy payments to insurance companies — which is under threat in a court case. The 16 attorneys …
Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators, court documents filed on Thursday showed. Toyota Motor Corp.’s share of the …
Novae Group plc, the specialist listed Lloyd’s insurer, announced that Stuart Quick has joined its cyber team as breach response and cyber operations manager, reporting to Dan Trueman, head of cyber and chief innovation officer. Quick was previously a managing …
Officials have started a restoration project on some of New Jersey’s popular beaches. The Press of Atlantic City reports that work on beaches in Atlantic City, Ventnor, Margate and Longport started Thursday. Officials say the monthlong Absecon Island Project consists …
A Vermont water pump station struck by lightning earlier this month faces up to $15,000 in repair costs. Arlington Select Board Chairman Keith Squires says the lightning fried and destroyed everything in the pump house, though electricians were able to …
Volvo Group is working with Swedish waste and recycling specialist Renova to develop an autonomous garbage collection truck for use in urban areas. The project explores how automation can contribute “to enhanced traffic safety, improved working conditions and lower environmental …
Ben Lieberman just wanted to find out what may have caused the head-on collision that killed his 19-year-old son, Evan, on a highway north of New York City. It took a lawsuit and six months in court to get the …
Hub International Northeast (Hub Northeast), a subsidiary of Hub International Limited (Hub), has hired Paul Collins as president and CEO. Based in Manhattan, Collins will be responsible for overseeing all retail and wholesale operations for the Northeast region of Hub, …
