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Insur. Business

US opens probe into startup Avride self-driving crashes in Texas

(Reuters) — The National Highway Traffic Safety Administration said Friday it is opening an investigation into a series of crashes involving startup Avride’s autonomous vehicles that raised questions about their performance. NHTSA

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AXIS Capital opens 2026 with 11% premium surge as specialty bet pays off

Net investment income, by contrast, fell 11% to $185 million, which AXIS attributed largely to lower cash returns following the loss portfolio transfer reinsurance deal