Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Lubbock Settles Woman’s Texas Tech Injury Claim For $80K
Dec 27 2013 // The city of Lubbock has agreed to pay $80,000 in a settlement with a woman injured when she stepped into a hole on her way out of a Texas Tech football game. The Lubbock Avalanche-Journal reported that the Lubbock City...
Agents Say Getting More Carriers to Offer ‘Real Time’ Is Among Top Tech Priorities
Dec 19 2013 // The industry should place its highest priority on “getting additional carriers to offer real-time capabilities,” according to a survey of insurance agency and brokerage professionals in the United States and...
AIG to Open $5.5M Tech Center, Bring 230 New Jobs to Charlotte, N.C.
Dec 11 2013 // North Carolina officials announced American International Group will invest more than $5.5 million to establish a technology center in Charlotte, N.C. With the new technology center, AIG plans to bring 230 new jobs to the...
Rescheduled Asiana Crash Hearing to Probe Pilot Reliance on Automation
Dec 10 2013 // A U.S. safety regulator’s hearing on the July 6 crash of an Asiana Airlines Inc. plane in San Francisco was postponed today due to the federal government’s weather-related closing. The day hearing will be...
House Passes Bill to Curb Patent Lawsuits
Dec 5 2013 // The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court. The vote today was 325-91, with 27 Republicans and 64 Democrats...
Metro-North Crash Seen Thwarting Delay of Automatic Braking
Dec 4 2013 // The deadly train derailment in New York City may force railroads to install automatic brakes by 2015 and dash industry efforts to put off adding the technology by five years. The Metro-North Railroad wreck may persuade...
Independent Agents, Regional Carriers, Innovation and Excellence
Dec 2 2013 // Insurance organizations that are local or regional are a part of the largest segment of employers in the American economy. Why should they exist and succeed in a world where bigger is associated with better? Their success...
When Coverage Isn’t Enough: Managing Risk a Challenge for Insureds
Dec 2 2013 // Companies of all types and sizes are facing increased risks, but many are not putting adequate programs in place to manage those risks, according to a Zurich-sponsored study by Forbes Insights. As a result, companies are...
Virginia High Court Reverses Verdict in Virginia Tech Shootings
Oct 31 2013 // Virginia Tech University couldn’t have foreseen the rampage of a lone gunman who initially shot two people to death and later killed 30 more, the Virginia Supreme Court ruled, reversing a wrongful death verdict...
Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter
Oct 21 2013 // Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, “Tomorrow Never...
Insurers Respond to Risk Managers at FERMA Forum – Part 2
Oct 4 2013 // After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and claims handling at the Federation of European Risk Management Associations’...
Tech Firm Trōv Promises to Reinvent ‘Insurance to Value’ for P/C Industry
Sep 25 2013 // A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’...
Technology, Not Presidents, Drives Healthcare Costs
Sep 23 2013 // Last week I attended Brookings Papers on Economic Activity to watch some of the smartest economists in America debate some of the most interesting papers. The very first paper presented is of particularly timely interest:...
Firms Helping Boat Owners Test Waters of ‘Sharing Economy’
Sep 18 2013 // Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there’s the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly sink the dream of...
Start-Up Health Insurance Co-Ops Vow to Compete with Commercial Insurers
Sep 13 2013 // They have rented offices and zero customers. All their capital is borrowed. They’re trying to sign the kind of expensive, chronically ill individuals that insurers have avoided for decades. In three weeks they face...
Google Tests Self-Driving Car at Virginia Tech
Sep 5 2013 // Google is working with Virginia Tech researchers to bring its vision of cars that can drive themselves one step closer to reality. The technology company spent the past month in Blacksburg testing one of its self-driving...
101 Sales & Marketing Ideas for Agencies
Aug 19 2013 // Insurance Journal has listened to readers, spoken with experts, combed through columns and articles and even searched outside insurance circles to find the best sales and marketing tips for independent agencies today. Here...
Information Technology and Risk Complexity
Aug 19 2013 // In today’s legal environment, nearly every company faces some kind of litigation risk. With the growing ubiquity of technology in not just the corporate market, but the consumer marketplace as well, the risk for...
Travelers, Virginia Tech Transportation Institute Discuss Top Trends in Trucking
Aug 15 2013 // The Travelers Companies Inc. and the Virginia Tech Transportation Institute (VTTI) recently co-hosted a symposium where research on some of the top concerns of the trucking industry was discussed with fleet managers and...
The Hartford Broadens Professional Liability Offerings for Tech Companies
Aug 9 2013 // The Hartford has enhanced its FailSafe suite of professional liability offerings to address the evolving needs of technology companies with expanded coverage for data, systems and networks. “Professional liability is...
