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...The retraction undermined their original findings that those who signed a declaration at the start of a tax form and a car insurance company claims audit were more honest....
...The company led by Evan Greenberg said it had offered $65 per share to buy Hartford, a 13 per cent premium on the Connecticut-based group’s closing share price on Wednesday before news of a potential approach...
...Both companies are based in the US state of Connecticut, and The Hartford said it expects “modest expense efficiencies”....
...At the time Bird told investors that repairs cost the company 14% of gross revenue, or about 51 cents per ride....
...Various factors threatened the company’s survival at this point: Camel Group might have backed out, customers might have demanded their deposits back, staff might have left, or the insurance company might...
...Meanwhile its capital, Hartford, is teetering on the edge of bankruptcy as companies that once flocked to the state have abandoned it for municipal areas favoured by millennials and highly skilled workers...
...The acquisition will be funded by dividends from Hartford’s insurance subsidiaries and holding company resources, including the $273m remaining under its share buyback programme....
...It is the latest dealing involving the number six US insurer by assets. In October, the Connecticut company agreed to pay Aetna, the health insurer, $1.45bn for an employee benefits business....
...Lloyd’s of London swings into the red Lloyd’s of London reported its first loss in six years as a series of natural catastrophes took their toll on the insurance market....
...The marketing power of drug companies and laissez-faire attitude of doctors has fuelled one of the worst public-health epidemics of modern times, which ended up proving ruinous for De La Rosa and millions...
...And he should be on top of the public policy side of things too — before working at Evercore, he was head of the Connecticut Insurance Department, a state regulator....
...The Connecticut-based company has a market capitalisation of $15.6bn and employs about 17,400 people....
...Connecticut-based Hartford will adopt 10 of Schroders’ existing US equity, fixed income and multi-asset mutual funds with a total of $2.2bn in assets, which will be renamed Hartford Schroders funds....
...Audi said there were no vehicle insurance implications because the delivery agent will not be able to access the vehicle cabin....
...Between 25,000-30,000 jobs will go from HP Enterprise, the part of the company that will take on the business of selling hardware, software and services to large companies and governments....
...“There will not be any kind of inbuilt list in the car on how the car should prioritise in [dilemma] situations,” the company explains....
...Until now public attention has been focused on the automobile – not least because of Google’s innovations in that field....
...Maintaining trust is vital for ADAC, which provides a range of other services including crash-tests and insurance....
...“Quite the contrary, insurance companies encourage the introduction of driver-assistance systems that help to avoid accidents and offer incentives for certain features,” he said....
...Over 5m cars are already being tracked by insurance companies, with the global market expected to grow to reach 100m by 2020, according to the Ptolemus Consulting Group, a leader in telematics research....
...Separately, German media reported that senior ADAC functionaries had made use of emergency helicopters for non-roadside rescue purposes, casting doubt over the company’s system of controls....
...Woody Bradford, president and chief executive of Conning, likes to proclaim he is in charge of the world’s largest independent manager of insurance company assets....
...Aside from reducing the high costs of the new technology to be able to make it viable in Nissan’s low-cost, small hatchbacks, governments and insurance companies must first agree on policies to regulate...
...behind the wheel) Still, governments, regulators and insurance companies are likely to require further assurances before there is widespread adoption of self-driving cars....
...Wade Bryant, advanced design manager for General Motors, says the company may have to re-examine its approach to selling cars....
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