Chinese Firm Recalls Webcams Used In Massive Cyberattack

Chinese electronics firm Xiongmai is initiating a product recall after the enormous hacking attack that took down much of the internet on the eastcoast of the US and also affected Europe on Friday.
October 25, 2016 Subrogation Technology

Self-Driving Truck Makes First Delivery In Colorado

A tractor trailer full of beer drove itself down Colorado’s I-25 last week with nobody behind the wheel. Uber Technologies Inc. and Anheuser-Busch InBev NV teamed up on the delivery, which they said is the first time a self-driving truck had been used to make a commercial shipment.
October 25, 2016 Excess & Surplus Lines Technology Colorado

Unprecedented Global Cyber Attack Involved Millions Of IP Addresses

Hackers unleashed a complex attack on the internet through common devices like webcams and digital recorders and cut access to some of the world’s best known websites on Friday, a stunning breach of global internet stability.
October 24, 2016 Liability Technology

Forget Cars — Would You Ever Trust A Driverless Ambulance?

Not long after this spring’s controversy when a Florida man died while his Tesla’s autopilot feature was in use, a man in Missouri claimed that his Tesla Model X helped save his life.
October 21, 2016 Auto Liability Technology

Five Insurance Giants Join Forces On Blockchain

They are five of the biggest insurance companies in the world — yet despite being competitors they have found a reason to join forces.
October 21, 2016 Risk Management Technology

Drones Boost Travelers' CAT Response Teams

Travelers has deployed about 60 catastrophe response professionals trained on drone technology to areas affected by Hurricane Matthew. The company’s SVP of claim, Patrick Gee, says that the company’s mature drone program is already paying off in more efficiency and a safer experience for claims professionals.
October 18, 2016 Catastrophe Education & Training Property Risk Management Technology

Smart Homes Could Increase Risks Of Ransomware, Data Loss

Carriers are offering high tech bargains to policy holders—using internet connected devices, such as thermostats, doorbells, and moisture sensors—in exchange for discounts on home policies, according to reports.
October 14, 2016 Liability Technology

Samsung Ships Fire-Proof Boxes For Note 7 Returns

If you purchased a Galaxy Note 7 from a US carrier or retailer, you can (and should) return it to a store immediately. If you bought the phone straight from Samsung, though, the process was a little trickier -- some customers complained early on about FedEx and UPS refusing to handle return units out of fears they would blow up.
October 12, 2016 Liability Subrogation Technology

Self-Driving Cars Will Be the Best Thing To Happen To Motorcycles

Self-driving technology promises to pretty much transform the auto industry as we know it. It may also change the business of selling motorcycles—but in a very different way.
October 11, 2016 Liability Technology

3 Family Haulers Win Top Safety Ratings

Families need space to haul their kids, friends and stuff. To get that space, they usually choose an SUV or minivan. Either way, safety is very important to those families. Two 2017 minivans and one SUV have just won top safety ratings from the Insurance Institute for Highway Safety.
October 5, 2016 Auto Liability Technology

Johnson & Johnson Warns Of Cyber Vulnerability In Its Insulin Pumps

Johnson & Johnson is telling patients that it has learned of a cyber security bug in one of its insulin pumps that a hacker could exploit to overdose diabetic patients with insulin, though it describes the hacking risk as low.
October 4, 2016 Liability Technology

Could An Incumbent Act Like Lemonade?

Lemonade, the industry disruptor touted as a game-changer for the insurance industry, has officially opened, with homeowners and renters products launched in New York. Lemonade’s opening is significant for a number of reasons.
October 3, 2016 Risk Management Technology

Firms Getting Serious About IoT Investments Worldwide

Organizations are moving past pilot projects and toward scalable deployments of Internet of Things (IoT) technologies, according to a survey from International Data Corp. (IDC).
September 30, 2016 Technology

Vertafore Lists 25 Most Influential And Innovative People In InsureTech

Vertafore®, the leader in modern insurance technology, today revealed the Top 25 Disruptors — a list celebrating the 25 most influential and innovative people in the insurance technology (InsurTech) industry.
September 30, 2016 Technology

Evolving Insurance Ecosystems The Focus Of SMA Summit

If there were any doubts that the insurance industry is innovating and transforming, all doubts were dispelled at the 2016 SMA Summit. Insurer after insurer described innovative new business models, products and uses of emerging technologies.
September 28, 2016 Education & Training Risk Management Technology
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