Risk
Selling the Right to Sue
Having already paid out billions of dollars in claims related to the Eaton fire, more than 100 insurers have filed lawsuits against Southern California Edison to recoup these costs, alleging the ...
Goldman Sees Autonomous Vehicles Transforming Insurance World
The rise of autonomous vehicles will force a reconfiguration of the $400 billion U.S. auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about ...
UK Retailer Resumes Online Orders After 46-Day Cyberattack Pause
British retailer Marks & Spencer resumed taking online orders for clothing lines on Tuesday after a 46-day hiatus following a cyberattack. M&S said last month it expected online disruption to ...
Faulty Door Trim Prompts Ford Recall Nearly Half a Million Explorers
Ford is recalling nearly half a million older Explorer models because part of the door trim can detach while driving and cause a dangerous road hazard, U.S. auto safety regulators said Wednesday. A ...
How Insurers Can Leverage Agentic AI as Public Data Disappears
The property/casualty insurance sector has long operated on a foundation of robust data analytics, with public sector information serving as a cornerstone for risk assessment, premium pricing, and ...
Waymo Halts LA Service After Cars Destroyed During Protests
Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn't believe the ...
Erie Insurance Dealing With Network Outage Affecting All Systems
Pennsylvania-based Erie Insurance on Sunday reported it is experiencing a "network outage that is affecting all systems." Customers are unable to access online accounts or reach customer care or ...
Tropical Storms Barbara, Cosme Gather Strength in the Pacific
Two tropical storms gathered strength off Mexico's Pacific coast Monday, with one forecast to become a hurricane later in the day, forecasters warned. Tropical Storm Barbara was about 185 miles (295 ...