The advent of autonomous cars has the potential to basically change the huge automobile liability insurance industry . It boils all the way down to this: how will you be thought-about at fault in a visitors accident when there’s no steering wheel? Secondly, the insurance coverage business is more likely to change together with the car […]
Road site visitors accidents are a worldwide challenge, and the dimensions of the issue is immense. According to the World Health Organization’s Global Status Report on Road Safety, 1.2 million folks die on the roads yearly, and 50 million are injured. Approximately 90 p.c of all accidents might be attributed to low-income and middle-income international locations. However, […]
Wolf Richter’s dental insurer despatched his household a free “smart” toothbrush that information how typically and the way properly you sweep, utilizing a set of proprietary consumables to wash your tooth.
Richter found that not solely did his toothbrush rat on him, his insurer was paying consideration: when he didn’t unbox and begin […]
In some methods, there’s by no means been a greater time to be an insurer: each enterprise needs cybersecurity insurance coverage, and the market is prepared to tolerate loopy annual premium hikes — 30% a 12 months for the previous 5 years!
But there is a cause for this craziness: the potential threat […]
Almost on daily basis, Ms. Micu weighed her decisions. Some days, she was positive she would keep. The home was in a protected neighborhood, roomy with a swing set within the yard. Before the storm, she was even planning an addition. Other days, she knew transferring was her solely selection. Both choices have been costly. […]
Central to that effort is retaining a tighter rein on merchandise like Anbang’s Abundant Stability No. 10. Many small buyers imagine meaning the federal government backs them. Anbang additionally calls them “universal insurance products,” making them sound conservative. The fact is extra difficult. Abundant Stability No. 10 is nearer to what in China is known […]