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BMW, Intel & Parts Maker Delphi to Develop Self-Driving Platform

German automaker BMW AG, U.S. chipmaker Intel Corp. and parts maker Delphi Automotive PLC on Tuesday said they would collaborate on development of a highly-automated self-driving platform for BMW, with Delphi handling integration of components and software. BMW said the …

WannaCry Ransomware Hackers Threaten to Release More Malicious Code

Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry “ransomware” attack warned it would release more malicious code. The fast-spreading cyber …

AIG’s High Cost of Hiring Duperreault

American International Group’s decision to recruit Hamilton Insurance Group CEO Brian Duperreault as its next leader won’t come cheap. To begin with, AIG will pay Hamilton $20 million to release Duperreault from contract restrictions that would prevent or restrict him …

Alternative Service Concepts Promotes Patterson to Claims Manager in Nashville

Alternative Service Concepts (ASC), a national third party claims administrator (TPA), has promoted Tracy Patterson to claims manager. Patterson will be responsible for managing a staff of ten dedicated to serving a large municipality client. She will report to Assistant …

Georgia Supreme Court Upholds Ridesharing Law

Georgia’s highest court has handed a victory to ridesharing services like Uber and Lyft. The Georgia Supreme Court on Monday affirmed a lower court’s dismissal of a lawsuit filed by Atlanta taxi drivers and upheld a state law regulating and …

U.S. Supreme Court Sides With Kentucky Nursing Home in Arbitration Case

The United States Supreme Court says a Kentucky nursing home can require the families of two former residents to pursue claims against the home outside of court. The justice ruled 7-1 on Monday that the home could enforce contracts signed …

City of Philadelphia Sues Wells Fargo, Alleges Predatory Lending

The City of Philadelphia sued Wells Fargo & Co. on Monday, accusing the largest U.S. mortgage lender of predatory lending, which violates the federal Fair Housing Act. The lawsuit came two weeks after the U.S. Supreme Court, in a case …

100 Residents Evacuated, 1 Killed in Pittsburgh High-Rise Apartment Fire

A high-rise apartment fire early Monday took the life of a woman and left dozens looking for temporary shelter, authorities said. Investigators were investigating the cause of the blaze that forced more than 100 residents to be evacuated from Midtown …

The Hartford Launches Risk Management Platform For Large, Midsize Businesses

The Hartford has released a new risk management information system (RMIS) to address the evolving data needs of its largest commercial customers who are most at risk for loss. The new system – TREO | Track Risk. Explore Opportunities. – …

Owners of New Jersey Diner Who Burned it Down for Insurance Avoid Prison

The owners of a New Jersey diner who burned it down to collect insurance money have been spared prison terms. Forty-nine-year-old Tina Diakos and 40-year-old Ozkan Cengiz were both sentenced to five years of probation on Friday. They had each …

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