Waymo’s Autonomous Taxi Service Picks Up 1,000th Customer After 6 Months May 10, 2019 By Ira Boudway The first major self-driving taxi service needed six months to reach 1,000 customers, another sign that growth may be slow...
Insurtech Investments Break New Records in Q1 May 10, 2019 Insurtech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of...
Recent Airline Crashes Don’t Reflect Aviation Safety Record May 10, 2019 By David Koenig and Tom Krisher With plane crashes making headlines recently, one in Florida with no fatalities and another in Russia that killed dozens, travelers...
El Nino Seen Lingering Through August May 10, 2019 The weak El Nino pattern that’s been influencing global weather will probably stick around through August, likely bringing rain to...
Cyber Security, Insurance Firm Coalition Raises $40 Million May 9, 2019 Coalition, a San Francisco-based cyber insurance agency for small and midsize businesses, said it has closed a $40 million funding...
Plaintiffs’ Attorney Urges $1 Billion Damages Award in Roundup Trial May 9, 2019 By Joel Rosenblat The jury in Bayer AG’s third Roundup weedkiller trial was urged by a plaintiffs’ lawyer to consider socking the company...
Liberty Mutual Q1 Saw Better Underwriting Results, Strong Specialty Insurance May 9, 2019 Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $671 million for the three months ended March...
Aon Names Demeusy U.S. Vice Chairman of Reinsurance Business May 9, 2019 Insurance broker Aon has appointed Jay Demeusy as U.S. vice chairman of its Reinsurance Solutions business. Alongside his new role,...
U.S. to Require Drug Companies to Disclose List Prices in TV Ads May 9, 2019 By Caroline Humer and Michael Erman The Trump administration on Wednesday said it will require drug makers to disclose the list price of prescription drugs in...
Airports Told They Need FAA Approval to Install Drone Defense Measures May 9, 2019 By David Shepardson The Federal Aviation Administration told U.S. airports in a letter released on Wednesday they could not install drone countermeasures without...