Tesla has been authorized to test its supervised self-driving software on one car on the roads of Belgian region of Flanders as part of a the general authorization process, a spokesperson for regional minister Annick De Ridder said on Wednesday. The U.S. company could start testing its software on a car as soon as it get a license plate and an insurance, which could be on Wednesday or Friday, as Thursday is a holiday in Belgium, he said De Ridder last week said Flanders region is looking into whether it can quickly authorize the technology after the Dutch regulator provisionally…
Author: Awais
Corebridge and Equitable have named the leadership team for their combined company
Two South Florida police officers claim Ben Affleck and Matt Damon’s recent action thriller “The Rip” used too many real-life details in its fictionalized narrative, causing harm to the officers’ personal and professional reputations, according to a defamation lawsuit. Jason Smith and Jonathan Santana, sergeants in the Miami-Dade Sheriff’s Office, filed the lawsuit in Miami federal court earlier this month against Artists Equity, a film production company owned by Affleck and Damon. Court filings don’t say how much the officers are suing for, but the civil complaint says they’re seeking compensatory damages, punitive damages and attorney fees, as well as…
Alabama’s attorney general announced a civil investigation Monday into the Southern Poverty Law Center’s fundraising practices in the wake of a federal indictment against the organization. Alabama Attorney General Steve Marshall said he has sent a subpoena to the center seeking information about its donations and payments to informants. He said he is seeking to determine if the organization violated state laws related to charitable organizations or deceptive trade practices. “We look forward to learning more about the inner workings of an organization that we have long believed was rotten, but until recently, has been impervious,” Marshall said in a…
The analysis, based on 7,980 SMBs across the US and Canada and 830 UK SMEs, identified common weaknesses in cyber hygiene, including poor email authentication, outdated software and exposed internet-facing services often linked to phishing, ransomware and business email compromise (BEC) attacks.
TOLEDO, Ohio — The little boy, dressed in a Toy Story sweatshirt, wrapped himself around the nation’s health secretary. “What do you guys want to be when you grow up?” Health and Human Services Secretary Robert F. Kennedy Jr. asked a carpet full of preschoolers. “A dinosaur!” the boy replied, squeezing tighter. Just weeks ago, Kennedy sat before lawmakers on Capitol Hill and faced intense questions about a dangerous uptick in infectious diseases among American children. Now, with midterm primaries underway, Kennedy was seated in a toddler-sized chair in Ohio, on a mission to change the subject. Advised to stay…
President Donald Trump’s pick to lead the Federal Emergency Management Agency wrote a memo last spring laying out how to kill the disaster agency. At the time, Cameron Hamilton was FEMA’s interim chief — a role that didn’t last long. When called before Congress, he endorsed keeping the agency, not ending it as outlined in his own memo, titled “Abolishing FEMA.” That publicly put him at odds with his two bosses, Trump and Kristi Noem, then Homeland Security secretary. Hamilton, a former Navy SEAL, was pushed out of the administration within a day. Now, Hamilton is on the verge of…
A federal judge in Pennsylvania has given the green light to a racketeering lawsuit by Uber Technologies, Inc. and Federal Express Corp. alleging that a Philadelphia law firm and a group of medical providers conspired to create false medical records and inflate injury claims related to motor vehicle accidents involving their drivers. Justice Mark Kearney of the U.S. District Court for Eastern Pennsylvania found that the two transportation firms provided ample facts and enough detailed allegations at this stage to allow the court to infer a plausible basis for their varied racketeering claims. Consequently. he denied a motion to dismiss…
The Oregon Occupational Safety and Health Division is warning employers about scams to steal money. Oregon OSHA said it has learned of several recent cases of fraudulent activity involving two types of scams. One scam involves people calling employers with a recent Oregon OSHA inspection opened. Callers claim to represent a consulting firm, telling employers they will ensure the inspection results in no violations if the employers send money. The other scam involves people calling employers and claiming to represent Oregon OSHA. They tell employers they can settle an enforcement penalty at a reduced amount and to just send them…
Northern Re, the collateralized reinsurance company that provides investors with access to the returns of its long-tail casualty underwriting business, has expanded its use of Ultrassure’s platform from an initial pilot to production deployment for contract workflows across its reinsurance operations.Ultrassure is an AI contract intelligence platform that’s purpose-built for insurers, reinsurers, managing general agents (MGAs), and brokers. Headquartered in Toronto, Ultrassure transforms complex policies, treaties, binders, endorsements, brokerage documents, and related materials into structured, searchable, evidence-linked intelligence, which helps teams to review, compare, analyse, negotiate, and audit insurance contracts with greater speed, consistency, and control. According to the announcement,…
Trucordia has acquired the assets of Richardson Insurance in Idaho. Richardson Insurance is a personal and commercial lines firm based founded in 1988 by Randy Richardson. Lindon, Utah-based Trucordia is the group name for a group of companies that offers an array of commercial and personal lines, life and health, and employee benefits insurance services. Topics Mergers & Acquisitions Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.
The 2026 Atlantic hurricane season is projected to be quieter than many of the hyperactive years that preceded it. Six of the past seven seasons produced above-average Atlantic activity, including the record-setting 2020 season, which had 30 named storms. But lower storm counts can create a dangerous illusion that fewer hurricanes mean less risk. Some of the most devastating impacts in recent years have come not from the strongest storms on the traditional Saffir-Simpson scale, but from secondary threats such as inland flooding, storm surge, extreme rainfall and tornadoes. That disconnect is becoming increasingly difficult for insurers trying to assess…
The bigger story may be how quickly Bäte’s medium-term ambitions are coming into view. At Allianz’s Capital Markets Day in December 2024, the group laid out targets for the 2025-2027 period including 7%-9% EPS growth annually, a core return on equity of at least 17%, and 2027 operating profit goals of €9.5 billion for property-casualty and around €6 billion for life and health.
In life, protection premiums climbed 9% across EMEA, Latin America and Asia Pacific, more than offsetting easing savings sales in Spain. Farmers Management Services lifted underlying fee income by 4%, with the Farmers Exchanges adding around 84,000 policies in the quarter and a further 49,000 in April.