Assisted driving systems installed in Tesla Inc., Hyundai Motor Co. and Subaru Corp. vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla’s Autopilot system did slow the vehicle to a walking speed before striking an oncoming, …
First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., added three new agency partners. L.B. Anderson Agency joined FMSI at the end of January. Located in Newhall, IA, L.B. Anderson Agency has been servicing their community’s insurance needs …
Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage system (BESS) risks in the U.S. and Canada. According to the …
California’s water use jumped dramatically in March, state officials said Tuesday, as one of the driest stretches on record prompted a wave of homeowners to start watering their lawns earlier than usual in defiance of Gov. Gavin Newsom’s pleas for …
A top Senate Republican released an investigation that concluded Los Angeles Mayor Eric Garcetti “likely knew or should have known” that a former top adviser was allegedly sexually harassing city employees, a finding that appears to contradict the mayor’s assertion …
Zurich Insurance Group AG is in advanced talks to sell a portfolio of German life insurance policies to Cinven’s Viridium Group, the latest transaction in a busy corner of financial dealmaking, people familiar with the matter said. The portfolio includes …
Germany’s Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its funds arm. Allianz said the provision hit its …
Major European power cable suppliers face a London class action that is seeking hundreds of millions of pounds in damages over allegations that a cartel led to inflated electricity charges for at least 30 million consumers in Britain. The proposed …
Three Florida legislators will hold a town hall-type meeting Thursday to gain input from residents ahead of the special session called to examine the state’s property insurance issues. The gathering in Melbourne City Hall, starting at 6 p.m., was organized …
It’s not just homeowners insurance costs that are high in Florida. A new report shows that Floridians continue to pay some of the largest auto coverage premiums in the country. The BankRate 2022 report shows that the average auto premium …