Automakers Race to Be First With Driverless Cars July 17, 2014 By Alan Ohnsman, Craig Trudell and Ma Jie Nissan Motor Co. will introduce cars that park themselves by 2016, Chief Executive Officer Carlos Ghosn said, as the Japanese...
Fitch Forecasts Shrinking P/C Insurer Profits July 17, 2014 Fitch Ratings is forecasting that 2014 will end up as the second consecutive year of underwriting profits for the property/casualty...
Typhoon Rammasun Passes South of Manila, Strengthening Expected: AIR July 17, 2014 According to catastrophe modeling firm AIR Worldwide, Typhoon Rammasun weakened as it crossed the Philippine island of Luzon and passed...
Starr Companies Completes Majority Ownership of Chinese Insurer July 17, 2014 Starr Companies has announced the completion of its majority ownership of Shanghai based Dazhong Insurance Company Limited of China. The...
Best Assigns Ratings to Starr Property & Casualty Insurance (China) July 17, 2014 A.M. Best has assigned the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Starr Property...
Emerging Capital May Sell Stake in Nigeria’s Continental Re July 17, 2014 By Emele Onu Emerging Capital Partners, a private-equity firm that has raised more than $2 billion for investments in Africa, is considering selling...
Computers at Growing Risk of Hijack by Botnet Viruses, U.S. Says July 17, 2014 By Del Quentin Wilber The threat posed by criminal hackers who use networks of secretly hijacked computers has increased “dramatically” over the past several...
Aon Launches Custom Liability Product for Railroad Industry July 17, 2014 Aon Risk Solutions, the global risk management business of Aon plc, has launched a new product designed to support the...
Getting a Grip on Ridesharing Coverage July 17, 2014 By Amy O'Connor Ridesharing services are becoming increasingly popular among consumers looking for a more convenient alternative to taxis or other forms of...
Integro Appoints New U.S. Leadership in Boston, New York July 16, 2014 Insurance brokerage and risk management firm Integro appointed Ruth Kilduff as chairman, and Anne Anderson as president of its United...