Category:

Risk Management

Driving in Georgia while sitting in California; remote control beats autonomy

Phantom Auto’s new line of business shows just how deep the current moment of disillusionment has become for the self-driving car industry. After years of development and more than $10 billion in investment, autonomous vehicles still aren’t ready for widespread public use. Phantom Auto’s original strategy was to fill gaps in robotaxi capabilities. But autonomous ride-hailing fleets have made little progress beyond testing and rarely operate without human safety drivers—sometimes working in pairs—sitting in the front seat.

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Acko and Rapido tie-up to insure customers and captains

The comprehensive cover offered by Acko kicks in the moment a ride begins and secures the captain and customer against a multitude of risks. Besides death and disability where the sum insured is up to Rs 5 lakh, this cover also includes loan protection, medical expenses reimbursement and OPD treatment. Additionally, for captains, the insurance also covers child education, helmet and mobile damage

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SBI Gen Insurance launches Cyber Defence insurance

SBIG’s Cyber Defense Insurance offers both first & third-party coverage benefits including coverage options for Contingent Business Interruption, System Failure, Reputational Loss, Multimedia Liability and Computer Crime.  The crisis response service that comes with this product enables swift and efficient management of cyber events and provides IT forensic investigations, legal advice, reputational and PR management.

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Boeing Dreamliner plant ‘plagued by shoddy production,’ says NYT

John Barnett, a former quality manager who retired in 2017 after almost three decades at Boeing, said he found clusters of metal slivers hanging over the wiring that commands flight controls. A U.S. Federal Aviation Administration spokesman, Lynn Lunsford, said the agency inspected several planes that Boeing had certified as free of such debris and found the same metal slivers.

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US jury sides with J&J in latest Talcum-Cancer claim

Plaintiff Robert Blinkinsop was diagnosed in July 2017 with mesothelioma, a rare cancer of the lining of the lung generally caused by asbestos exposure. Blinkinsop used Johnson’s baby powder daily for personal hygiene from 1977 to 1994 and on his children from 1992 to 1996, his attorney, Mark Bratt, said at trial. He also used the company’s Shower to Shower talc product.

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U.S. State department adds Kidnapping Risk to travel advisories

The 35 countries making the initial list for the risk of kidnapping and/or hostage taking are: Afghanistan, Algeria, Angola, Bangladesh, Burkina Faso, Cameroon, Central African Republic, Colombia, Democratic Republic of the Congo, Ethiopia, Haiti, Iran, Iraq, Kenya, Lebanon, Libya, Malaysia, Mali, Mexico, Niger, Nigeria, Pakistan, Papua New Guinea, Philippines, Russian Federation, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Turkey, Uganda, Ukraine (in Russian-controlled eastern Ukraine), Venezuela, and Yemen

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