Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Jury Orders Apple, Broadcom to Pay $1.1 Billion for Infringing CalTech Wi-Fi Patent
Jan 31 2020 // Apple Inc. and Broadcom Inc. must pay $1.1 billion in damages for infringing California Institute of Technology patents on Wi-Fi technology, a jury in California ordered. Apple was ordered to pay $837.8 million while...
Pennsylvania’s Graham Company Hires McIntire as Chief Technology Officer
Jan 31 2020 // Graham Company, based in Philadelphia, Penn., has hired Michael McIntire as chief technology officer, in which he will lead the development of Graham’s technology strategy and manage its execution. In this role,...
Is the Re/Insurance Industry Ready for the Fourth Industrial Revolution?
Jan 29 2020 // Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS. “The second thing that has got to be present for those...
Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus
Jan 28 2020 // Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more...
Energy-Hungry Data Storage Is Another Culprit of Greenhouse Gas Emissions
Jan 27 2020 // Everyone has seen the warning. At the bottom of the email, it says: “Please consider the environment before printing.” But for those who care about global warming, you might want to consider not writing so many...
Why Traditional Independent Agents, Carriers Need to Partner and Align Now More Than Ever
Jan 27 2020 // Agencies and carriers need to align now more than ever. I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer
Jan 23 2020 // CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data...
Insurtech Firm CyberCube Calls on Insurers to Set Global Cyber-Security Standards
Jan 22 2020 // CyberCube, an insurtech focused on cyber risk analytics, is calling on the insurance industry to set global cyber-security standards as the world digitizes. “Internet-connected technologies is a prime opportunity for...
IBM Calls For Rules to Curb Bias in Artificial Intelligence
Jan 22 2020 // IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data that bakes in past discriminatory practices and could harm women, minorities, the disabled,...
Virginia House Committee Tackles Consumer Protections, Cybersecurity
Jan 21 2020 // In one of the more modern meeting rooms at the over two centuries old State Capitol, 22 lawmakers gather on Mondays to confront the increasing cybersecurity threats looming over Virginia residents. This session the House...
Coastal Insurance Underwriters Acquires Assets of Florida Tech Company Cybercom
Jan 17 2020 // Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020. Cybercom International Corporation, Inc. (CIC) was...
Stone Named Director of Information & Technology at SLTX
Jan 16 2020 // Sholonda Stone has joined the Surplus Lines Stamping Office of Texas (SLTX) as director of Information & Technology Services (ITS). Stone previously served as systems administrator for SLTX from 2013-2017. Since then,...
UK Insurtech Startup battleface Receives Investment from Fintech Ventures Fund
Jan 16 2020 // Insurtech startup battleface Inc., a UK firm that provides travel insurance products for unconventional travelers worldwide, announced it has successfully closed its seed financing round with backing from leading strategic...
Captive Insurance Agents Turning Independent: How to Choose New Software
Jan 15 2020 // There’s a storm brewing for many captive insurance agencies and their agents, and that storm may be lengthy. As an example, Nationwide is one of a number of captive insurance companies actively converting their...
Coastal Insurance Underwriters, Inc. Acquires Assets of Tech Company Partner
Jan 15 2020 // Ponte Vedra Beach, FL, January 15, 2020 – Coastal Insurance Underwriters, Inc. (Coastal), a Ponte Vedra Beach Florida based MGU and program administrator, announced the acquisition of Cybercom International...
Industry Trends to Exploit for 2020
Jan 13 2020 // The insurance industry is so intertwined into the economy and society, that just about any noticeable change in either will have some impact for the insurance industry. That is why it is imperative for agency owners to...
How Technology Can Transform the Way Agencies Sell and Service Commercial Lines
Jan 13 2020 // Consumers are embracing digital purchasing habits, and that is creating new challenges for independent insurance agencies. At first these were only seen on the personal lines side of the business — in the forms of...
How Big Tech Hopes to Turn Cars into Connected Revenue Machines
Jan 9 2020 // Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car. With the widespread rollout of autonomous...
SLTX’s Mitchell Joins IIAT as Director
Jan 8 2020 // The Independent Insurance Agents of Texas (IIAT) has hired Tara Mitchell as a director. Mitchell will lead IIAT’s technology initiatives to innovate and streamline business practices and bring greater value to IIAT...
Trump Administration Seeks to Limit ‘Overreach’ of Regulation of Artificial Intelligence
Jan 8 2020 // The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach,” and said it wants European officials...
