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PartnerRe Ltd., the reinsurer that agreed to merge with Axis Capital Holdings Ltd., said it will enter negotiations with hostile bidder Exor SpA after the Italian companys latest cash offer for more than $6.7 billion.
A simulated city recently opened on the north campus of the University of Michigan to test how self-driving cars will travel in the future without mowing down pedestrians or causing colossal crashes.
Hartford Financial Services Group Inc., the insurer that has been selling life units to focus on property-casualty coverage, hired Morris Tooker as chief underwriting officer for P&C operations.
The motivation for hacking has gone from exposing a targets weaknesses to exposing or stealing sensitive data and disrupting critical business processes.
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