Technology/Science
InsurTech Investment Hits $60B Milestone But Pales AI Figures
Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re's global head of InsurTech, Andrew Johnston, warned in the company's latest Global InsurTech Report that this ...
Data Suggests 60% of Enterprise Firewalls Fail Compliance Checks
New data derived from FireMon customer onboarding revealed that 60 percent of enterprise firewalls fail high-severity compliance checks immediately upon evaluation, with another 34 percent falling ...
Jury Decides Tesla Partly Responsible in Autopilot Crash Case; Must Pay $243M
A Miami jury decided that Elon Musk's car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $240 ...
Smarty Turns FEMA Hazard Scores Into Address-Level Risk Intelligence
Smarty, an address intelligence provider, announced the launch of its U.S. Property Risk Data product. The new API-based solution transforms FEMA's National Risk Index ...
Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach
Tea, an app that lets women anonymously comment and review dates with men, said it has suffered a data breach, with hackers gaining access to 72,000 user images.
A Tea ...
Munich Re, CyberCube Report Warns of Growing Systemic Cyber Risk
Risks associated with systemic cyber events are no longer hypothetical scenarios but growing realities for organizations, insurers and cybersecurity professionals alike, ...
NY’s Hurricane Insured Loss Potential Up More Than 60% as Climate Changes
Insurance industry scientists put the spotlight on Northern U.S. cities in a new research paper about hurricane potential under a warmer climate scenario, finding that New York's insured losses could ...
U.S. Faces More Extreme Weather Events, but Is Our Society Living in the Past?
After deadly flooding in central Texas in 1987, some thought they'd proven they could handle Mother Nature's best punch. Then came this month's horrific flash floods, when unfathomable amounts of ...