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Tesla Drivers Can Pursue Class Action Over Self-Driving Claims, Judge Rules
Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company’s electric vehicles. U.S. District Judge Rita Lin said the common question of whether Tesla …
POSTED AUGUST 20, 2025 10:50 AM |
Markets/Coverages: MGA Coalition Launches Cyber Insurance in France
Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. French companies with revenues of up to €1 billion can now access …
POSTED AUGUST 20, 2025 10:27 AM |
People Moves: CNA Appoints Haas, Nardiello and Kim to Leadership Roles
CNA Financial Corp., headquartered in Chicago, made several leadership appointments across key business segments. David Haas has been appointed president global specialty, where he will oversee financial lines, healthcare, affinity and warranty. A seasoned executive at CNA, Haas most recently …
POSTED AUGUST 20, 2025 9:00 AM |
Hijacked Satellites, Orbiting Space Weapons: In 21st Century, Space Is New Battlefield
As Russia held its Victory Day parade this year, hackers backing the Kremlin hijacked an orbiting satellite that provides television service to Ukraine. Instead of normal programing, Ukrainian viewers saw parade footage beamed in from Moscow: waves of tanks, soldiers …
POSTED AUGUST 20, 2025 8:25 AM |
Allianz Raises $1.25 Billion in Perpetual-Bond Litmus Test
Allianz SE sold $1.25 billion of perpetual notes Tuesday, the German insurer’s latest batch of risky bonds that investors said could set the tone for the subordinated debt market. The Restricted Tier 1 bond has an annual coupon of 6.55%, …
POSTED AUGUST 20, 2025 7:57 AM |
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