News
Cybersecurity Firm BitSight Warns of Vulnerabilities in Chinese-Made GPS Tracker
A popular Chinese-made automotive GPS tracker used in 169 countries has severe software vulnerabilities, posing a potential danger to highway safety, national security and supply chains, ...
Tech Bytes: New Partnerships at Betterview, Gradient AI, Kentucky Employers’ Mutual
Betterview, an InsurTech provider of intelligence to property/casualty insurance companies, announced a new partnership with location intelligence and aerial imagery company Nearmap. This partnership ...
RLI Bullish on Southeast Property Market as Others Exit
RLI Corp. has been hiring teams of property insurance professionals as the specialty insurer embraces opportunity in the southeastern U.S. market that others are fleeing, executives said Thursday ...
Travelers Beats Profit Estimates on Record Premium Growth
Travelers Companies Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit from higher catastrophe-related claims and lower returns on ...
Allianz Notes Rising Business Interruption Costs in Global Claims Report
The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's power grid and a fire at a semi-conductor plant in Japan ...
Inside Out: How Exit Crime, Insider Threats Create Challenges for Insurers
There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little more ...
Report: Growth in Ransomware Affecting Cyber Underwriting Performance
An increase in ransomware attacks has factored into the deterioration of cyber insurance underwriting performance during the past two years, according to a report from The Geneva Association. The ...
Jury Verdict: Tesla 1% Negligent In Fatal Model S Crash
A Florida jury found electric car maker Tesla Inc. to be 1 percent negligent in the death of an 18-year-old man whose Model S sedan slammed into a concrete wall after the car's speed limiter had been ...