WannaCry Exposes Glitch In Tech Business Model

A customer skimps on software upgrades; a malicious program storms its computers. As far as the blame game goes, this weekend’s global malware attack seems straightforward. In reality, things are more complex.
May 15, 2017 Liability Technology

Nine Out Of 10 Cyber Policies Are In The U.S.

A ransomware worm made its way to more than 200,000 computers in 150,000 countries over the weekend, and while one may dismiss its creators as petty criminals—asking for an average individual ransom cost of $300—its economic implications are significant.
May 15, 2017 Liability Risk Management Technology

Hurricane Hunter Planes Deliver A Message: Get Ready

A pair of hurricane hunter planes landed at the U.S. Coast Guard’s Opa-locka air station Friday with a message for South Florida: Get ready. With the start of the hurricane season less than two weeks away on June 1, the planes helped showcase the advancing technology that has helped improve hurricane forecasting.
May 15, 2017 Property Technology Florida

Don’t Call Us Disruptors — Insureon CEO

The boss of one of the most successful companies shaking up the insurance industry says traditional agents and brokers have nothing to fear from the powerful new wave of insurtechs.
May 12, 2017 Risk Management Technology

Legislation Opens Georgia Roads To Autonomous Cars

Gov. Nathan Deal signed a bill Monday making self-driving cars that have the proper insurance and registration legal on Georgia roads.
May 11, 2017 Auto Legislation & Regulation Technology Georgia

New York To Allow Self-Driving Vehicle Testing

New York Governor Andrew Cuomo said on Wednesday that the state will allow testing of autonomous vehicles on public roads, potentially leaving perplexed New Yorkers wondering who to flip off when they jaywalk in front of a car without a driver.
May 11, 2017 Auto Technology New York

Insurance Technology Trends In ’17, Beyond

Bill Gates famously said that we always overestimate the amount of change that will occur in the next two years and underestimate the change that will occur in the next 10.
May 5, 2017 Risk Management Technology

Ransomware Attacks Increase, With U.S. The Primary Target

Ransomware attacks constituted the greatest cybercrime danger in 2016 as the volume and value of attacks rose sharply, according to a new report from internet security firm Symantec.
May 4, 2017 Technology

Behind The Drone Deployment Strategies At Allstate, Erie And USAA

The skies above storm-damaged residences are poised to get busier this year. After several years of testing and building up capabilities, many major insurers are ready to deploy drones at claim time in order to collect crucial data for claims adjusting.
May 1, 2017 Property Risk Management Technology Colorado New Mexico Oklahoma Texas

Insurtech Hippo Launches In California

Hippo Insurance, provider of “smart home coverage for modern households,” has officially launched in California following a $14 million funding round in December led by Horizons Ventures.
April 27, 2017 Property Technology California

Police Aren’t Collecting Enough Info At Crash Scenes

The scope of deadly hazards such as texting and drug use by drivers may be underestimated and not adequately addressed because police aren’t collecting enough information at crash scenes, according to a new report.
April 26, 2017 Auto Liability Technology

Selfies May Figure Into Premium Calculations For Life Insurance

Selfies have become exceptionally commonplace, but these self-portraits may soon have an impact on life insurance premiums. In fact, as facial recognition and analysis technology continues to improve, it may one day determine whether or not someone even qualifies for a policy.
April 25, 2017 Life & Health Technology

Waymo Testing Self-Driving Car Ride Service In Arizona

Alphabet Inc’s Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday.
April 25, 2017 Auto Liability Technology Arizona

It’s A Great Time To Be A Risk Manager

2017 has so far been a wild ride of change. Companies are navigating through a new U.S. administration, Brexit and cyber risks that are more daunting each day. We are bombarded with uncertainty and unchartered waters.
April 21, 2017 Liability Property Risk Management Technology

Let’s Get Rid Of Risk Altogether!

The Social Network of Things is here! In a complex landscape of old and new, cars and networks are being built to be self-aware, adaptable and communicative with one another and humans in real time.
April 21, 2017 Technology
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