Allstate is using insurance drones to conduct an assessment of the property damage left behind by spring storms in four states. The company already owns the technology in a number of locations and was prepared to implement it when it was needed.

Employees and third-party services are most likely the weakest links in a company’s cyber security system, but regular risk assessments can help prevent information leaks, a financial services regulatory attorney said last week.

The use of unmanned aircraft systems (UAS or “drones”) by individuals and industry continues to grow. According to the Federal Aviation Administration (FAA) drone sales are expected to grow from 2.5 million units in 2016 to 7 million in 2020.

Technological developments are leading to rapid changes in commercial underwriting and claims management as insurers access massive amounts of data to automate and streamline their operations, a panel of experts said.

Uber Technologies Inc [UBER.UL] put its self-driving cars back on the road on Monday, voicing confidence in its autonomous vehicle program three days after one of its cars was involved in a crash in Tempe, Arizona.

Small- and mid-sized businesses (SMBs) are increasingly at risk for data breach class-action lawsuits that typically have targeted large corporations.

It’s official: For insurers, “digital technology destroys value.” At least, that’s the assertion in a new McKinsey report, “Time for insurance companies to face digital reality.”

An Ohio man claimed he was forced into a hasty window escape when his house caught fire last year. His pacemaker data obtained by police showed otherwise, and he was charged with arson and insurance fraud.

Artificial Intelligence (AI), broadly defined as computers doing the work (and perhaps even reasoning and thinking as) humans do, is having a moment. Well, it’s been having a moment.

Insurtech startups Insurify and Next Insurance have launched chatbots — automated artificial intelligence platforms that can ask the questions required to quote and issue an insurance policy — on Facebook Messenger.

Though convenient, automotive transportation can be deadly. Over 35,000 people lost their lives in traffic accidents in 2015 (the last full year available), and more than 30,000 fatalities occur annually.

They don’t want you to just use their technology, they also want you to get insurance from them. Morgan Stanley also said that these disruptors could corner at least 20% of the market.

For decades, trucking has provided big-rig driver Frank Mora and his family a decent living. He doesn’t expect that will last forever. Most major truck manufacturers and several well-funded startups are busy testing automated or driver-free vehicles.

A drone used during a Monday night fire in a Bronx apartment may have helped save lives, FDNY says. The FDNY deployed a drone for the first time as a fire ripped through an apartment in Crotona Park.

Late last year, the team at Metromile, a San Francisco-based provider of usage-based insurance, met to discuss the company’s evolving identity. In September, Metromile had acquired Mosaic Insurance, which officially turned it from an MGA into a full-fledged insurance carrier, licensed in all 50 states.