Driverless Vehicle Makers Get to Steer Own Safety Oversight September 15, 2017 By Ryan Beene The U.S. Transportation Department unveiled a new policy that permits companies developing autonomous vehicles to self-police the technology’s safety, a...
Judge Allows Ex-AIG Leader Greenberg’s Defamation Claim Against Ex-AG Spitzer September 14, 2017 By Jonathan Stempel Maurice “Hank” Greenberg, former chief executive of American International Group Inc., may pursue large parts of his defamation lawsuit against...
Green Cat Bonds Aren’t a Thing – Yet September 14, 2017 By Don Jergler Green cat bonds. That slinky phrase is one that Greg Lowe, global head of resilience and sustainability for Aon, would...
Small Businesses Can Manage, Cancel Own Policies with Next Insurance Portal September 14, 2017 By Andrew G. Simpson Digital small business insurance provider Next Insurance has unveiled a new online portal giving small businesses more control over their...
Allianz Specialty Goes Live with ‘Insurtech’ for Small Business Brokers, Policyholders September 14, 2017 Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main...
Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy September 14, 2017 By Lisa Lambert Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions,...
Trucking Industry Backs Bills Easing Self-Driving Vehicle Regulation September 14, 2017 By David Shepardson A U.S. trucking trade group and truck maker Navistar International Corp. urged a U.S. Senate panel on Wednesday to include...
Fitch Expects Most Insurers, Reinsurers to Handle Losses from Both Harvey, Irma September 14, 2017 Fitch Ratings reported that based on its initial assessments, most U.S. insurance companies and global reinsurers that it rates are...
Parties Compromise to End Monkey Business Over Selfie Copyright September 14, 2017 By Sudhin Thanawala Monkey see. Monkey sue. Monkey settle. Attorneys representing a macaque monkey have agreed to a compromise in a case where...
Specialty MGAs Continue to be Popular Acquisition Targets September 14, 2017 By Susanne Sclafane With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a...