Archive for September 2015

Google is adding a veteran automotive executive to run its program focused on developing self-driving cars. The technology giant said late Sunday that former Hyundai and Ford Motor Co. executive John Krafcik will become CEO of its driverless car project … The post Google Names Veteran Auto Exec Krafcik to Lead Self-Driving Car Program appeared…

U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have “safety performance issues” in some real-world crash scenarios, the Federal Highway Administration said as it urged a national overhaul of standards to better protect American drivers. … The post After Guardrail Review, Highway Regulator Urges Standards Revamp appeared first on Claims…

The odds drivers will have a claim from hitting a deer, elk or moose is 1 out of 169, the same as in 2014. That likelihood more than doubles during October, November and December, when deer collisions are most prevalent, … The post State Farm: Likelihood of Striking a Deer in Fall More Than Doubles…

The world’s largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade’s quietest years for catastrophe losses. Rates for property/casualty reinsurance are expected … The post Catastrophe Reinsurers Expect Little Pricing Relief in Coming Year appeared first on…

More than 100 million people in this country have pain that won’t go away. Many of these chronic pain sufferers fail to get relief from pills, shots and even surgery, while others temporarily trade the pain for side effects such … The post New Technologies Could Aid in Short Circuiting Chronic Pain appeared first on…

ACE Limited announced the leadership teams it intends to appoint for the company’s North American business units, including National Accounts, Middle Market, Small Commercial, Personal Lines, Wholesale/Excess & Surplus Lines, Bermuda and Agriculture. The company also announced the leadership teams … The post ACE Announces North America Leadership Team Effective Once Chubb Acquisition Complete appeared…

A new survey finds 75 percent of attorneys at U.S. companies say a state’s lawsuit environment is likely to impact important business decisions at their company, including where to locate or expand. That is an 18 percent increase from eight … The post Survey Finds State Lawsuit Climate Important Factor for Company Growth Plans appeared…

Following in the footsteps of Facebook and Wal-Mart, Ohio-based Nationwide announced it will raise its minimum pay rate to $15 per hour over the next nine months. This change impacts approximately 900 current associates across 25 locations for jobs in … The post Nationwide Raises Minimum Pay Rate to $15 Per Hour appeared first on…

Major U.S. and Canadian railroads stepped up pressure on Congress to extend a Dec. 31 deadline for new safety technology on Wednesday, warning that failure to act would lead to crippling disruptions across the national freight and passenger rail system. … The post Railroads Warn of System Disruptions as Safety Deadline Nears appeared first on…

The owner of the company whose tractor-trailer was hit by an Amtrak train, splitting the trailer in two, said the intersection where the crash happened was a dangerous one on a route the driver took several times a day. Linda … The post After Amtrak Crash, Truck Owner Says Virginia Intersection Dangerous appeared first on…