Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars November 5, 2020 By Will Kaufman Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying,...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best November 5, 2020 The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating...
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team November 5, 2020 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and...
Allstate Reports 26.7% Increase in Q3 Net Income to $1.13 Billion November 5, 2020 The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting...
Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses November 5, 2020 By Nathaniel Bullard The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change...
Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’ November 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which...
U.S. Officially Becomes 1st Nation to Exit Paris Climate Pact November 4, 2020 By Will Wade and Jess Shankleman The U.S. has officially become the first nation to quit the Paris climate agreement, even as the outcome of the...
Women Suing Goldman Sachs Demand Files with Words They Say Prove Discrimination November 4, 2020 By Bob Van Voris Women suing Goldman Sachs Group Inc. for gender discrimination are going after any internal documents with words like “babe,” “bimbo”...
AXIS Insurance Adds 3 Underwriters to Renewable Energy Team in U.S. November 4, 2020 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to...
Despite Challenges, New Year Will Bring Strong, Stable Industry: Hartwig November 4, 2020 By Robert Hartwig Despite a year of unprecedented challenges and uncertainty and a halting global economic recovery, the insurance industry remains strong, stable,...