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08, 2016
Tesla Searching for Explanation of Tesla Autopilot Crash
Tesla Motors Inc. told U.S. Senate Commerce Committee staff it is considering two theories that may help explain what led to the May 7 fatal crash that killed a Florida man who was using the car’s “Autopilot” system, a person …
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08, 2016
Kentucky Man Arrested for Theft of 10 Vehicles
An eastern Kentucky man accused of stealing 10 vehicles in a crime spree spanning less than two weeks has been arrested. Clay County Sheriff Kevin Johnson tells the Lexington Herald-Leader that the series of crimes allegedly committed by Timothy Lawson …
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08, 2016
Florida Calls on Feds for Help as Number of Zika Cases Jumps to 14
The state of Florida has identified 10 more cases of Zika virus caused by local mosquitoes and has asked the U.S. Centers for Disease Control and Prevention to send in experts to help with its investigation of the outbreak. The …
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08, 2016
Effect of Tesla Crash on Public Views of Driverless Cars
Consumers are more aware of self-driving cars, but slightly less interested in riding in them, according to two surveys conducted after a fatal crash of a Tesla equipped with self-driving technology. An online survey of more than 1,500 Americans in …
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08, 2016
New Hampshire Town Wary of ‘Peeping Drones’
The growing concern around the country about “peeping drones” may have come to a town in New Hampshire. Police in Hollis say they’ve received more than 20 complaints about a drone flying outside people’s windows, usually late at night or …
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08, 2016
Element Risk Management Acquires Singleton Insurance in Pennsylvania
West Chester, Pennsylvania-based insurance agency Element Risk Management has finalized the acquisition of Singleton Insurance in Ickesburg, Pennsylvania. Terms were not disclosed. The acquisition expands Element Risk’s footprint throughout Pennsylvania. Singleton Insurance will continue operations in Ickesburg. One owner, Vicky …
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08, 2016
Liberty Specialty Markets Appoints Sinz as Head of Europe
London-based Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kadidja Sinz to the new role of head of Europe. Sinz will be responsible for leading and directing the specialty and commercial insurance business in Continental Europe. …
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08, 2016
$880 Billion of Homes in Danger of Being Underwater, Literally
When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. Rising sea levels could soak homeowners for $882 billion, according to …
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08, 2016
Greenlight Capital Re Reports Q2 Loss of $63M, in 5th Loss in 6 Quarters
Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee investments, posted its fifth loss in six quarters as the portfolio slumped. The second-quarter net loss widened to $63 million, or $1.69 a share, …
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08, 2016
ANV Global Services Raises Capacity for M&A Insurance
ANV Global Services Ltd, the international managing general underwriter (MGU) of global specialty insurance group ANV, has today announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions insurance. The line will now offer a limit of €40 …