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 Direct-to-Consumer model gains traction in US auto insurance market

by AIP Online Bureau | Apr 29, 2019 | International News, Non-Life, Technology

  Auto insurance revenues grew 6.2% industry-wide last year, topping off at a healthy $245 billion thanks to a combination of strong premium growth and increased auto sales volume. Even more impressive,54% of those gains – $7.8 billion in direct...

Privacy practices probe could cost facebook up to $5 billion

by AIP Online Bureau | Apr 29, 2019 | International News, Risk Management, Technology

  Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media company moves to put the fallout from the Cambridge Analytica scandal behind it.   Facebook earlier said that it...

One million species risk extinction due to humans: draft U.N. report

by AIP Online Bureau | Apr 28, 2019 | Climate, Environment, Renewable Energy, Facts

Up to one million species face extinction due to human influence, according to a draft U.N. report obtained by AFP that painstakingly catalogues how humanity has undermined the natural resources upon which its very survival depends.   The accelerating loss of...

Lawyers expect wave of litigation targeting popular heart drugs in US

by AIP Online Bureau | Apr 28, 2019 | Health, International News

  Dozens of lawsuits have been filed against drug makers and sellers over widely prescribed generic heart medications tainted with potential carcinogens, the first claims in what some lawyers expect to be a wave of litigation.   Millions of Americans have...

Alphabet’s wing is first commercial Drone Unit certified as Airline

by AIP Online Bureau | Apr 28, 2019 | International News, Policy, Regulation, Risk Management, Technology

  An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.   The subsidiary, Wing...
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