Musk Faces SEC Probe for Role in Tesla Self-Driving Claims January 30, 2023 By Lydia Beyoud US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to...
Ford Recalls 462,000 Vehicles for Rear Camera Display Failure January 30, 2023 By David Shepardson Ford Motor Co said Friday it is recalling 462,000 vehicles worldwide because video output may fail, preventing the rearview camera...
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle January 27, 2023 By L.S. Howard The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60%...
Report on Mass Shootings Urges Workplace Violence Prevention Plans January 27, 2023 By Rebecca Santana As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to...
‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions January 27, 2023 Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and...
U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang January 27, 2023 By Sarah N. Lynch and Raphael Satter The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that...
Tesla, Insurers Address Expensive Repairs in Sharply Different Ways January 27, 2023 By Paul Lienert Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the...
Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability January 26, 2023 By Dan Levine and Mike Spector Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun...
Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks January 26, 2023 By Eric Roston Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A...
Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund January 26, 2023 By Jocelyn Noveck The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The...