U.S. Announces Safety Investigation of Steering Loss in 1.1M Honda Accords May 10, 2021 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said Monday it was opening a formal safety probe into more than 1.1...
Tesla Memo Says Fully Driverless Technology May Not Be Ready for Prime Time This Year May 10, 2021 By Hyunjoo Jin Tesla Inc. told a California regulator that it may not achieve full self-driving technology by the end of this year,...
Insurers Seek to Find Ways to Make Pandemics Insurable May 10, 2021 By Carolyn Cohn LONDON – When much of the global economy locked down last year, insurers, facing estimated losses of more than $100...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion May 9, 2021 By Aaron Kirchfeld, Aoife White and Jan-Henrik Förster Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and...
U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack May 9, 2021 By Laura Sanicola, Doina Chiacu and Laila Kearney The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover...
If Covid-19 Vaccine Patents Are Waived, Legal Options For Drug Firms Are Limited May 7, 2021 By Ian Lopez and Tina Davis A potential World Trade Organization waiver of patent and trade secret protections for Covid-19 vaccines would leave pharmaceutical companies with...
AIG Reports Strong First Quarter May 7, 2021 American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and Retirement...
Pfizer-BioNTech Seek FDA Full Approval for Authorized COVID-19 Vaccine May 7, 2021 By Ankur Banerjee Pfizer Inc. and German partner BioNTech SA said on Friday they have started an application process with the U.S. Food...
Amwins, Loadsure to Offer Per-Load Cargo Insurance to Freight Industry May 7, 2021 Loadsure has formed a partnership with managing general agency Amwins Specialty Logistics Underwriters (ASLU) to offer pay-as-you-go, all-risk smart coverage...
U.S. Court Allows Movie Chain’s COVID Business Interruption Suit Against FM Global May 7, 2021 By Jim Sams A federal judge in Sherman, Texas on Wednesday ruled against insurer FM Global that sought to dismiss a $500 million...