Insurers that have not indicated they will pay claims from sexual abuse survivors currently have no standing to contest certain claims as they are being [Read More…]
Amazon.com Inc.’s autonomous driving unit Zoox has started offering rides to the public in Las Vegas, marking a first in the U.S. for a purpose-built [Read More…]
Pricing and returns in the reinsurance market are expected to gradually come off recent highs, with the market facing moderately weaker, but still sound, operational [Read More…]
A portfolio claims analysis shared by Resilience, a cyber risk solutions company, showed the year-over-year average cost of individual ransomware attacks rose by 17% in [Read More…]
Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & [Read More…]
IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its [Read More…]
Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers [Read More…]
Suspected cyber attackers linked to the Chinese Communist Party impersonated the Republican chair of the House Select Committee on China in a series of attempts [Read More…]
Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker [Read More…]
In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting [Read More…]