Justine Hsu, a resident of Los Angeles, sued the electric-vehicle...
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WHO launches Health Inequality Data Repository
The Health Inequality Data Repository (HIDR) includes nearly 11...
Australia’s Optus hit with class action over cybersecurity breach
The class action members want compensation for the time and money...
Climate change could raise food shortage globally: Study
Wetter conditions are expected to have the biggest impact in South and East Asia, with the most extreme projections suggesting the flow of the River Ganges could more than double at 2 degrees Celsius global warming.
Walmart may buy health insurer Humana
Americans spent $3.3 trillion on healthcare in 2016, or $10,348 per person. It’s roughly 18% of the nation’s gross domestic product, dwarfing retail’s 6% share. As Amazon expands into bigger and higher margin sectors, Walmart is scrambling to keep up.
SoftBank said to near deal for $9.6b stake in Swiss Re
There may also be a strategic logic. The purchase potentially would create an in-house insurer for SoftBank’s many stakes in the so-called gig economy, from Uber Technologies Inc. to WeWork Cos. Son could even potentially disrupt the$700 billion motor insurance market that is the most important business line for reinsurers.
Laurent Rousseau to become Deputy CEO of SCOR Global P&C
Douglas Lacoss, who currently serves as Chief Reserving Actuary at SCOR Global P&C, is promoted to Chief Underwriting Officer for the EMEA treaty business, replacing Laurent Rousseau.
Root Insurance Closes $51 Million Investment to Expand Customized Auto Insurance
Root is a full-stack automobile insurance company founded on the principle of fundamental fairness. While most car insurance companies rely solely on demographic data like age, occupation and credit score to set rates,
Land degradation may affect 3.2 billion people globally: Report
“With negative impacts on the well-being of at least 3.2 billion people, the degradation of the earth’s land surface through human activities is pushing the planet towards a sixth mass species extinction,” said Robert Scholes of South Africa, co-chair of the assessment with Luca Montanarella of Italy.
B3i founders form blockchain startup
B3i Services AG’s purpose is to provide insurance solutions on a blockchain platform that substantially improves efficiency across the value chain of the re/insurance industry — in some cases up to 30 percent. These innovative solutions benefit both insurance companies and customers through improved speed, transparency, quality, security, and cost.
Uber’s Self-Driving Cars Insured by Old Republic
Any litigation that arises from the accident, the first fatality involving a fully autonomous vehicle, could pit the ride-hailing service against technology suppliers and the vehicle’s manufacturer, legal experts said. It could also provide a window into confidential indemnification agreements that companies developing self-driving car systems may have reached to shield themselves legally.
Last three years hottest on record, severe weather hits 2018: U.N.
Atlantic hurricanes and monsoon floods in India contributed to make 2017 the most costly year on record for severe weather and climate events, the U.N.’s World Meteorological Organisation (WMO) wrote in its annual report on the global climate.
Facebook User Sues Over Personal Data Release to Cambridge Analytica
Price seeks damages for all U.S. Facebook users whose information was harvested without authorization, and asserts claims of negligence and violations of California unfair competition laws.