Technology/Science
U.S. House Committee Signs off on Quicker Rollout of Self-Driving Cars
An influential U.S. House committee on Thursday approved a revised bipartisan bill on a 54-0 vote that would speed the deployment of self-driving cars without human controls and bar states from ...
Allianz Teams With InsurTech Startup to Debut On-Demand Drone Insurance in UK
Allianz Global Corporate & Specialty (AGCS) has partnered with InsurTech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational ...
Super Regional Carriers Gain by Educating ‘Suspicious’ Regulators About Tech Advances
"We're curious and we don't know. When regulators don't know what's going on, they get suspicious." That was Wisconsin Insurance Commissioner Ted Nickel acknowledging that like the industry they ...
Hackers Steal Data From 400,000 Client Accounts at Italy’s UniCredit Bank
UniCredit SpA, Italy's No. 1 bank, said hackers took biographical and loan data from 400,000 client accounts in one of the biggest breaches of European banking security this year. The attack occurred ...
Advanced Analytics Can Help Insurers Boost Customer Service at Multiple Points
The one constant in insurance is that there will always be new innovations and trends that suddenly disrupt the industry. Some of the newest disruptive forces include the Internet of Things (IoT), ...
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 ...