GM’s Cruise Robotaxi Unit Dismisses Nine Execs After Safety Probe December 14, 2023 By Greg Bensinger and David Shepardson General Motors’ Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, according to a memo seen by...
Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines December 13, 2023 Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is...
Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership December 13, 2023 Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles...
Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More December 13, 2023 By Allen Laman While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could...
Tesla Recalling 2 Million US Vehicles Over Autopilot Safeguards December 13, 2023 By David Shepardson Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to...
Meta Used Copyrighted Books for AI Training Despite Lawyers’ Warnings, Say Authors December 13, 2023 By Katie Paul Meta Platforms’ lawyers had warned it about the legal perils of using thousands of pirated books to train its AI...
Google’s Court Loss to Epic Games May Cost Billions but Final Outcome Years Away December 13, 2023 Google’s stunning defeat in a legal battle with “Fortnite” maker Epic Games may clear the way for rival app stores...
As More Shop Around, Many Insurance Consumers Unaware of Rate Factors December 13, 2023 According to a new survey released today by Trusted Choice—the national consumer brand representing the members of the Independent Insurance...
Higher Auto Claims, More Frequent Accidents Continue to Outpace Premium Hikes December 12, 2023 As claim severity rises, US personal auto results are on the decline, according to AM Best’s latest Market Segment Report....
SEC Says Its Binance Case Should Advance Despite DOJ Settlement December 12, 2023 By Chris Strohm The Securities and Exchange Commission says Binance Holdings Ltd.’s recent $4.3 billion settlement with the Justice Department and other US...