Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by 2025, Boston Consulting Group …
The Bermuda-based Catlin Group has published its acceptance of terms upon which XL Group plc will acquire Catlin in a “cash and share acquisition of the entire issued and to be issued share capital of Catlin by XL.” The announcement …
Federal health officials overlooked risks of inhaling the licorice-scented fumes of a chemical that spilled into West Virginia’s biggest water supply last January, according to a study. The research by a Purdue University team found that some West Virginians became …
During Mark Wilson’s first week at Aviva Plc in London he stormed out of a meeting with top executives after growing frustrated with the lack of boardroom debate. In the two years since, the chief executive officer sold units from …
Gov. Gary Herbert says Utah has no plans to join two other states in suing Colorado over that state’s legalization of marijuana. The Deseret News reported Herbert said that despite no current plans to sue, Utah is keeping an eye …
Magna Carta Cos. in New York has appointed Grace H. Yang as vice president and chief actuary. She will join Magna Carta’s senior management team and report directly to Chairman and Chief Executive Officer Andrew L. Furgatch. Yang is a …
Today the U.S. Senate followed the House and voted overwhelmingly to reauthorize the federal terrorism reinsurance program that had been allowed to lapse. The vote was 93-4 in favor. On Wednesday, the House of Representatives had voted 416-5 to renew …
The Insurance Industry Charitable Foundation is awarding $254,000 in grants to 29 local nonprofits in California and Colorado for the kickoff of 2015. The causes supported include child abuse prevention, disaster preparedness, education and health and human services. The 2015 …
Los Angeles-based Farmers Insurance Group announced that Farmers Insurance Exchange, one of the insurers comprising Farmers Insurance Group, and affiliates have filed a lawsuit in the state Supreme Court of New York against more than six New York no-fault medical …
Preliminary reports show that Vermont traffic fatalities declined 38 percent in 2014 to the lowest number since World War II. The Vermont Highway Safety Alliance says 43 people died on the state’s roadways last year, down from 70 in 2013. …
