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Reinsurers, forced to cut prices for four years in a row, should target brokers fees as the industry seeks to reduce costs, according to Lloyds of London Chairman John Nelson.
Bill Ford called on the auto industry and public institutions to address ethical issues emerging in a world where robot cars will make life-and-death decisions in roadway crashes and to do it soon.
Allstate said the countrys transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the company is betting on inevitable changes to the system.
New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer.
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