Insurers must innovate to keep pace with automated vehicles

One of the most intriguing things about electronic vehicle technology is that it would render the regulatory framework for transportation obsolete. Based on current laws, a driver’s phone or... Read more »

Swiss Re: New technologies to stimulate struggling engineering sector

The Swiss Re Financial Research Institute has sounded the alarm about Switzerland’s growing engineering sector. A third of the country’s manufacturers have reduced capacity, while business investment in the... Read more »

Texas hailstorm causes almost $1bn in insured damages

The severe hail storm that struck the Houston area this weekend caused more than $600 million in insured losses, Insurance Council of Texas spokesman Tim Chapman said. T-storms dumped... Read more »

Climate change making storms worse than expected

As the ground around New York City continues to shift from an unseasonably warm springtime to a fierce late summer day, with sky-high humidity, experts are adjusting their forecast... Read more »