will driverless cars cut your insurance 80 percent?is the universe trying to tell the insurance industry something?on may 8, the same day that nevada granted google the first u.s. license for a driverless vehicle, the consulting firm celent released a report titled "a scenario: the end of auto insurance: what happens when there are (almost) no accidents."the report takes a peek at what might happen to auto insurance rates once computers are ...rep. frank offers bill to bar insurance on clawbackswashington/boston (reuters) - executives at financial firms would no longer be able to buy insurance to protect themselves against compensation clawbacks or civil penalties under legislation introduced on wednesday by u.s. representative barney frank. the bill, frank said, is aimed at protecting the intent of the 2010 dodd-frank financial reform law, the 2002 sarbanes-oxley act and other laws ...‘gulf insurance not set for consolidation in next 2 years’the insurance industry in the gulf region is not likely to see major consolidation over the coming two years due to "comfortable" capitalisation of domestic insurers and "little" shareholder pressure. but foreign risk cover providers may enhance their foothold in the market, according to a study.a.m. best affirms ratings of united states liability insurance company and its subsidiariesa.m. best co. has affirmed the financial strength rating of a++ and issuer credit ratings of "aa+" of united states liability insurance company and its subsidiaries, mount vernon fire insurance company and u.s. |
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