National News

ACE’s Greenberg Addresses Chubb Employees on Buyout

A landmark purchase was announced this week when ACE Limited released news that it planned to acquire Chubb for $28.3 billion. Once the transaction is completed the combined companies will operate under the Chubb name. The purchase will provide ACE …

New Blood Test Could Predict Brain Injury Outcomes

A new blood test could help emergency room doctors quickly diagnose traumatic brain injury and determine its severity. The findings, published July 10 in the Journal of Neurotrauma, could help identify patients who might benefit from extra therapy or experimental …

Continued Attacks to Drive Cyber Insurance Market by 2020

Risks to drive U.S. $10 billion cyber insurance market by 2020, according to ABI Research. Continued and sustained cyberattacks are having a ruinous effect on enterprises and driving up the cost of incident response. With over 900 million reported records …

New Technology Brings up Internet Privacy Questions

Like a lot of teenagers, Aanya Nigam reflexively shares her whereabouts, activities and thoughts on Twitter, Instagram and other social networks without a qualm. But Aanya’s care-free attitude dissolved into paranoia a few months ago shortly after her mother bought …

New Aluminum Ford F-150 Crash Test Reveals Serious Injury Risk

In a crash test of Ford Motor Co.’s new aluminum-bodied F-150 pickup, an extended-cab version suffered damage that presented a risk of serious injury to the driver, the Insurance Institute of Highway Safety said. In a 40-miles-per-hour crash designed to …

Regulators Force Fiat Chrysler to Buy Back Trucks in Rare Move

Of the 23 Fiat Chrysler recalls that U.S. regulators investigated, three were so dangerous that the government invoked its most potent power: requiring the company to buy back the vehicles. Owners of hundreds of thousands of pickups and SUVs will …

Average Age of Cars in U.S. Reaches 11.5 Years

The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of 2015, as the rate of growth slows because of the recovery of new vehicle sales, consultant IHS Automotive said. “Consumers …

Celent: P&C Core Claims Systems Sales to Remain Steady Through Mid 2016

Sales of P&C claims systems in North America will continue at a steady pace during the mid-2014 to mid-2016 period, according to Celent, a research and advisory firm. In a new report titled Deal Trends and Projections in the P&C …

Marriage Cuts Car Insurance Costs

Your driving record seems a legitimate risk for insurers to consider when they price auto insurance. But your marital status? Yes, young men in red sports cars will pay more for coverage than everyone else, but it’s hard to see …

Drone Zones Envisioned for Amazon’s Future Delivery Fleet

The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future. While U.S. government regulations now just allow limited usage …

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