Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
State Auto’s Extension of CEO LaRocco’s Contract a Vote of Confidence in Turnaround Strategy
Nov 28 2017 // Mike LaRocco, who took over president and CEO of State Automobile Mutual Insurance Co. in May 2015, has won the support of the company’s board of directors for an extension of his contract until Dec. 31,...
Trump Wants NAFTA to Limit Liability of Internet Firms Including Google, Facebook
Nov 27 2017 // The Trump administration is pushing to add legal protections in the North American Free Trade Agreement (NAFTA) that would limit the liability of internet giants such as Google and Facebook, marking the latest in a...
China’s Ping An Is World’s 2nd Largest Insurer by Market Value After Berkshire
Nov 21 2017 // A surge in Ping An Insurance (Group) Co.’s shares this year has made it the world’s second-largest insurer by market value behind only Berkshire Hathaway Inc. And the rally may not be done yet. Shares of the...
Conservatives Now Want to Abolish Board They Hoped Would Curtail Patent Suits
Nov 21 2017 // In August, a dozen inventors gathered around a fire pit outside the headquarters of the U.S. Patent and Trademark Office in Alexandria, Virginia, and set alight patents they said had been rendered worthless by an...
Technology Risk Mgmt Association TechAssure Names New Member in Germany
Nov 20 2017 // TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, has named German insurance brokerage BüchnerBarella as a new member, effective...
Recent Hurricanes Highlight the Need for Digital Transformation in Insurance
Nov 20 2017 // The claims for Hurricane Irma are starting to pour in and they’ll be big, $25 billion to $35 billion, forecaster AIR Worldwide says. The scenes of flooding, displaced people, wrecked homes and disrupted communities...
Tech Tips to Reach Millennials: Tech Talk
Nov 20 2017 // Independent agents are slowly accepting the fact that they need to reach out to millennials more effectively. Much of the generation that is now between the ages of 20-36 is entering its prime earning years and starting...
Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product
Nov 16 2017 // A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View,...
JPMorgan Warns of Market Disruption If Clearing Houses Cut-Off by Brexit
Nov 15 2017 // Financial markets face Brexit day upheaval if clearing houses in Britain are abruptly cut off from continental customers, a senior JPMorgan bank official said on Wednesday. Sally Dewar, international head of regulatory...
5 Ways the Insurance Industry Can Improve Cybersecurity: Former U.S. Security Chief Clarke
Nov 15 2017 // “The insurance industry has a great record of solving problems where government regulation didn’t because the government either didn’t know how to regulate, or the government wouldn’t...
Humans Must Fight the Driverless Dystopia: Viewpoint
Nov 14 2017 // Two iconic figures in the car industry — former General Motors head of product development Bob Lutz and Renault-Nissan-Mitsubishi Alliance Chairman Carlos Ghosn — have recently outlined competing visions for the future...
Xceedance Makes Equity Investment in Startup Blockchain Specialist ChainThat
Nov 14 2017 // Xceedance, the provider of insurance consulting, managed services, technology and data sciences, announced a multi-million dollar “Series A” equity investment in ChainThat, a London-based blockchain specialist...
Uber, Tech Firms Helping Their Contract Workers Sign onto Obamacare
Nov 14 2017 // Uber Technologies Inc. and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the health...
South Dakota Selects Technology Insurance as Workers’ Comp Servicing Carrier
Nov 13 2017 // The South Dakota Division of Insurance has selected Technology Insurance Co., as the workers’ compensation assigned risk plan carrier effective Jan. 1, 2018. Technology Insurance will service the plan for five years....
How Sex Trafficking Became Battleground in Fight Over Big Tech Immunity
Nov 9 2017 // During last week’s hearings about the industry’s role in the 2016 presidential election, one ominous moment for Big Tech came when California Senator Dianne Feinstein, the industry’s representative in...
Waymo Testing Driverless Ride-Hailing Service on Public Roads
Nov 8 2017 // Alphabet Inc.’s Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on...
Insurtech-Led TPA, Advent Claims, to Administer Claims for Principia Underwriting
Nov 8 2017 // Advent Claims, the insurtech-led claims third party administrator (TPA), announced it has signed an agreement to administer all claims for Aquila Underwriting-backed MGA, Principia Underwriting. Principia, which previously...
Allianz Develops Blockchain Prototype for Captive Insurance Program
Nov 7 2017 // Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global captive insurance program, which facilitates cash transfers between countries. AGCS’s Allianz Risk...
Breitstone Named CEO of Massachusetts Insurtech Company Goji
Nov 6 2017 // Peter Breitstone, a former senior executive at Insureon, Aon and Zurich, was named CEO of Goji, a Boston, Mass.-based, technology-enabled personal lines insurance distribution platform that matches high lifetime value...
Hurricane Damage Tracked by East Texas Company’s Drones
Nov 3 2017 // Unmanned aircraft helped a Nacogdoches, Texas, business survey hurricane damage with a degree of speed and safety once thought impossible. The Daily Sentinel reports after Hurricane Harvey battered the Texas coast and...
