Property/casualty insurance carriers want future federal rules governing driverless vehicles to guarantee insurers “reasonable” access to data from cars with automated driving systems. “The increasing automation of the driving function is likely to result in significant change for the auto …
QBE Chile Seguros Generales S.A. has completed a management buyout by purchasing the company in May 2017 from QBE Latin America Insurance Holdings. Financial details of the transaction were not disclosed. Following the completion of the deal, QBE Chile rebranded …
Marine insurance provider Skuld announced that Kristoffer Kohmann is the new head of Skuld Oslo 2, one of its Oslo business units. Kohmann will succeed Ketil Urdal who, after 16 years with Skuld and a career spanning 20 years in …
American International Group Inc.’s new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. “I’d love to find great additions to the company. I think the important …
The Fourth of July means fireworks across America and that can mean thousands of injuries and trips to hospital emergency wards. An estimated 7,600 of the total 11,000 fireworks-related injuries in 2016 were treated in hospital emergency departments during the …
Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of …
CNA has named Gregg Fergot as vice president of underwriting. Fergot will be based in San Francisco and report to Dieter Korte, senior vice president of customer segments. He will be responsible for leading the technology segment in implementing strategic …
BCU Risk Advisors has named Kerry Shapiro director of marketing and development in its newly opened Las Vegas, Nev. office. Shapiro most recently ran the national sales office for Marsh PCS. He was previously with Azumidex and Aon. BCU provides …
Ironshore’s Mergers & Acquisitions and Tax unit has updated its transactional liability product to address regulatory risks in the healthcare sector. Ironshore now offers a single limit and single retention coverage policy for healthcare transactions with capacity limits of up …
The wife of the gunman in the Orlando nightclub shooting has been dropped from a civil lawsuit brought by survivors of the massacre and victims’ families. An amended complaint filed last week in state court in South Florida dropped Noor …
