Microsoft Insurer Loses Bid To Recoup $175M from Xbox Chipmaker Hit by Fire April 4, 2019 By Andrew G. Simpson Microsoft Corp.’s captive insurer has lost its bid to recover $175 million in costs the software maker said it incurred...
Why Insurance Claims in Renewable Energy Industry Are Rising April 4, 2019 The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five...
Commercial Auto Market Should Improve This Year But Not a Lot: A.M. Best April 4, 2019 A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs April 4, 2019 By Dave Higley Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure...
U.S. Safety Agency Nixes International Car Window Rules Proposed Under Obama April 4, 2019 By David Shepardson The National Highway Traffic Safety Administration said on Wednesday it was dropping a 2012 proposal to harmonize U.S. vehicle window...
IA Capital Group Raises $150 Million for Insurtech Investing April 4, 2019 IA Capital Group, an insurtech-focused venture capital firm, said it has raised $150 million across three funds. The three funds...
Nationwide Expands Small Business Insurance Direct Platform April 3, 2019 By Mark Hollmer Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial...
Twitter CEO Agrees with Facebook CEO, Supports Regulation of Social Media Platforms April 3, 2019 By Selina Wang Twitter Inc. Chief Executive Officer Jack Dorsey said rules like Europe’s General Data Protection Regulation have had a positive impact...
FDA Probing Reports of Seizures by Users of E-Cigarettes April 3, 2019 By Anna Edney The Food and Drug Administration said that it is investigating a small number of reports over several years of e-cigarette...
3 Major Automakers Partner to Develop Autonomous Vehicle Safety Standards, Testing April 3, 2019 By David Shepardson Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars...