Technology/Science
Tesla, Other Car Makers Have Edge Over Incumbent Insurers: Moody’s
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody's Investors Services said in a report ...
Google Boosts Cloud Security With $5.4B Mandiant Deal
Alphabet Inc's Google is buying cybersecurity firm Mandiant Inc for $5.4 billion in a deal that could trigger a "ripple effect" as cloud rivals Microsoft and Amazon also ramp up efforts to fortify ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Tesla Tells U.S. Lawmakers Autopilot Requires ‘Constant Monitoring’
Tesla Inc. defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but acknowledged they require "constant monitoring and attention ...
Five Essential Considerations in Evolving Predictive Modeling
The majority of insurers have implemented sophisticated predictive models over the past decade, often in their pricing and automotive lines of business. Despite strong evidence of impact, many are ...
Lawyer-Turned InsurTech Founder Looks Into Cloud to Settle Tesla Claims
While Tesla has designs on using the data it collects to price insurance policies, the founder of an InsurTech is using it for the other end of insurance transactions—to unravel the story of ...
On the Highway: A Litigator’s View From the Driver’s Seat of a Tesla
In 2016, Mike Nelson, the founder of InsurTech Quantiv Risk, bought his first Tesla and embarked on a 12-state cross country trip to get a first-hand understanding of where automobile technology was ...
U.S. Supreme Court Spurns Google Bid to Avoid Shareholder Lawsuit
The U.S. Supreme Court on Monday declined to hear Alphabet Inc's attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing a security glitch that left ...
Zywave Agrees to $11M Fund to Settle ITC Data Breach Lawsuit
Insurance technology provider Zywave has agreed to offer an $11 million fund to settle a class-action lawsuit related to a data breach at a company it acquired in 2020. A proposed class-action suit ...