Technology/Science
The Latest Launches From Progressive and AIR Worldwide
Progressive has made available an online platform that lets homeowners quickly compare home insurance quotes from multiple carriers in a short amount of time. AIR Worldwide released what it bills as ...
Regulators Reportedly Reviewing Wells Fargo After Unauthorized Release of Sensitive Client Data
Wells Fargo & Co., already in the regulatory spotlight because of last year's fake-account scandal, is drawing renewed scrutiny after a lawyer's unauthorized release of sensitive client details ...
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
New U.S. Regulator Defends Possible Federal Regulation of Fintech
The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders. The Office of the Comptroller ...
Allianz Global Corporate & Specialty Teams With InsurTech in Aircraft Insurance Partnership
Allianz Global Corporate & Specialty teamed with InsurTech startup Visicover on a partnership to sell airplane insurance and related products. Neither side is disclosing financial terms. The ...
Does Consumer Watchdog Founder Want Asimov-like Rules for Robot Cars?
A virtual grin arose on the face of Harvey Rosenfield with the mention of Isaac Asimov's Three Laws of Robotics. The mention was made during a phone call, but the overwhelming satisfaction of a smile ...
Starr Becomes Minority Shareholder in Small Business InsurTech CoverWallet
Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial ...
Allianz, GM, BMW, Toyota Invest in Self-Driving Software Startup Nauto
General Motors Co and Japan's Softbank Group Corp are among the latest investors in Nauto, a Silicon Valley startup developing software for self-driving vehicles. Nauto, based in Palo Alto, said on ...