News
Contact Tracing App Violates Privacy, Tech Privacy Firm Says
A contact tracing app pushed by the governors of North Dakota and South Dakota as a tool to trace exposure to the coronavirus violated its own privacy policy by sharing location and user ...
Why Robocalls Aren’t Interrupting While You Work at Home
Have you been missing something amid the lockdowns and stay-at-home orders? No, not human contact. Not even toilet paper. Robocalls. Industry experts say robocalls are way down—scam calls as well ...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
Two of Europe's largest insurers are gearing up to sell billions of euros in life assets—a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to ...
Driving Hasn’t Found Its New Normal Yet: Opinion
Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it's a bit noisy. Apple mobility trends ...
Diverging Views: Is COVID a One-Off Cat or Not?
While reinsurers are "open for business" and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing ...
Reinsurers Won’t Earn Cost of Capital; More Rate Hikes: Fitch
The global reinsurance sector will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain reinsurance price increases during the year ahead, said Fitch ...
Travelers Partners With BrokerTech Ventures; First Carrier to Join
BrokerTech Ventures, the industry's first broker-led investor group and accelerator program, today announced that Travelers will become the first carrier partner to join the platform. "The elevated ...
Not All Homes in Wildfire Zones Are Uninsurable; Zesty.ai Refines Scoring Model
Fire risk scores now used by insurance underwriters can sometimes make it challenging for homeowners to find coverage. Zesty.ai, a California InsurTech startup, is among a handful of firms working to ...