Trump Administration Revises Obama Self-Driving Vehicle Policy September 12, 2017 By Ryan Beene The Trump administration will alter the course set by the Obama administration on autonomous vehicle policy after industry raised concerns...
Supreme Court Could Decide Who Can Sue Equifax for Data Breach Liability September 12, 2017 By Alison Frankel Less than a day after Equifax revealed one of the biggest data breaches in U.S. corporate history, the credit reporting...
Liberty Mutual’s Venture Capital Unit Backs Car-Sharing Startup September 12, 2017 Liberty Mutual’s venture arm is among the investors backing the new $92 million funding round for Turo, a peer-to-peer car...
How ‘Bermuda High’ Threw Irma and Damage Estimates Off Course September 12, 2017 By Brian K. Sullivan Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept...
Filing of Lawsuits Against Equifax Over Data Breach Is Underway September 11, 2017 More than 30 lawsuits have been filed in the United States against Equifax Inc. after the credit reporting company said...
Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared September 11, 2017 By Ross Larsen, Oliver Suess and Katherine Chiglinsky Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant...
Insurers Rush to Find, Deploy Adjusters for Harvey, Irma Claims September 11, 2017 By Suzanne Barlyn and Catherine Ngai Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other,...
National Flood Insurance Program Extended Until Dec. 8 September 11, 2017 By Andrew G. Simpson President Donald Trump last Friday signed legislation reauthorizing the National Flood Insurance Program until Dec. 8, 2017, which buys more...
Irma Analysis: Insurer Financial Stress Unlikely If Early Loss Estimates Hold September 11, 2017 By Susanne Sclafane Before Hurricane Irma made landfall in south Florida on Sunday morning, analysts were assessing the potential damage to property/casualty insurer...
Is Equifax’s Cyber Insurance Enough to Cover Breach? September 11, 2017 By Sonali Basak Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the...