GM Offering Onstar Service to All Drivers Through App; Options Include Insurance June 8, 2021 By Joseph White General Motors Co. plans to offer subscriptions for its Onstar Guardian security services to anyone in the United States or...
50 Investors Urge Ethical Development of Facial Recognition Technology June 8, 2021 By Simon Jessop and Ross Kerber A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development...
Bank of England Launches Climate Change Stress Test for Insurers, Banks June 8, 2021 By Huw Jones The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial...
Contaminants from Sri Lanka Ship Wreck Could Cause Wide-Reaching Damage June 8, 2021 By Laura Millan Contaminants released from the wreckage of a container ship off the coast of Sri Lanka could be dragged thousands of...
Failure of Many ‘Zombie’ Companies Likely to Keep Insurance Rates Rising: Swiss Re June 8, 2021 By Alwyn Scott The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy...
FBI Recovers Most of Bitcoin Ransom Paid by Colonial Pipeline June 8, 2021 By Chris Strohm and Alyza Sebenius The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co....
Florida Top Court Says Insurer Can Pursue Malpractice Claim Against Defense Law Firm June 8, 2021 By Jim Sams Attorneys who are hired by insurance carriers to defend policyholders from lawsuits have a duty to represent the insured, but...
FBI Offers Reward for Information on Walmart Fires in Alabama, Mississippi June 8, 2021 Federal investigators are offering $2,500 rewards for tips leading to people who set fires inside Walmart stores in Alabama and...
Italian Insurer Cattolica Delays €200M Cash Call due to Generali’s Recent Takeover Offer June 8, 2021 MILAN – Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million)...
People Moves: ICW in California Names Rathsam CFO, Liberty Mutual Names Mitchell Pacific Field Executive June 7, 2021 San Diego, Calif.-based ICW Group Insurance Cos. has named Nicole Rathsam senior vice president, chief financial officer. Rathsam will oversee...