Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
How New Chip Cards Raise the Risk for Merchants
Nov 16 2015 // On Oct. 1, 2015, many of your clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment...
A Conversation on Innovation and the Industry’s Future with ACORD’s Hartnett
Nov 9 2015 // There are not many insurance executives who will quote inventor Thomas Edison, Microsoft’s Steve Baumer, futurist Alvin Toffler, Moore’s Law and philosophers Aristotle and Plato. There are also not many people...
5 Recent Reports on Businesses and Cyber Security, Liability and Insurance
Nov 6 2015 // Cyber security is clearly on the minds of business executives, most of whom acknowledge their firms have been victimized by some sort of cyber attack. What are they thinking about cyber security, cyber liability and cyber...
ACORD Names 2 Insurance Innovation Challenge Winners: Livegenic, Insurity
Nov 5 2015 // A technology that gives claimants more control of the claims process and another that makes data conversion easier for insurers have been named winners of the 2015 ACORD Insurance Innovation Challenge. ACORD, the insurance...
Technology Enables Insurers to Verify Garaging Location, Mileage and More
Nov 5 2015 // Auto insurance companies now have a tool that lets them verify the garaging address of a vehicle, confirm the driver’s commuting mileage and obtain loss costs and premium differentials for the vehicle, all before...
China Asked to Revise Draft Cyber Security Rules Affecting Insurance Industry
Nov 5 2015 // Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules...
AAA: Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky
Nov 2 2015 // Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones and vehicle information...
Industry Chasing Mobile Consumers with Ads, Apps, Self-Service Options
Nov 2 2015 // Carriers are spending big on advertising, and agencies are working to become increasingly more sophisticated and reach out to more and more people. In the world of insurance, that’s just doing business as usual. But...
High-Tech Weather Forecasters Still Rely on Old-Fashioned Balloons
Oct 29 2015 // When the latest computer forecast models couldn’t figure out where major Hurricane Joaquin was headed earlier this month, the National Weather Service ordered extra launches of one of its oldest tools — the...
Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky: AAA Research
Oct 26 2015 // Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones and vehicle information...
Philadelphia Insurance Launches Integrated Technology Product
Oct 23 2015 // Philadelphia Insurance Companies’ has launched its Integrated Technology product to address the issues from the evolution of technology and growth of the industry through a suite of coverages for complex,...
Auto Insurance Market to Shrink 60% by 2040: KPMG
Oct 23 2015 // By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a skeleton of its current self. Within 25 years, the private passenger automobile...
Insureon Lands $31M Investment from Oak HC/FT
Oct 21 2015 // Chicago-based online provider of small business insurance, Insureon, announced $31 million in new funding led by Oak HC/FT, a venture capital fund investing in financial technology companies. Also participating in the...
PwC Concludes South African Insurers Seeking Technology Partnerships
Oct 21 2015 // South Africa’s biggest insurers are considering technology and telecommunications partnerships as they seek ways to improve earnings to counter increased competition and a slowing economy, according to...
Industry Chasing Mobile Consumers with Ads, Apps, Self-Service Options
Oct 19 2015 // Carriers are spending big on advertising, and agencies are working to become increasingly more sophisticated and reach out to more and more people. In the world of insurance, that’s just doing business as usual. But...
Improved Safety Goal of Minnesota Truck Dealer with Truck-Swap
Oct 16 2015 // Ask truck drivers about the most important aspect of their job and chances are you will get the same answer: safety. Last year, about 78,000 total crashes were reported to the Minnesota Department of Public Safety. Of...
Texas All Risk General Agency Receives Special Recognition for Advancements in Technology from Nautilus Insurance Group
Oct 16 2015 // Dallas, TX, October 14 2015- Nautilus President Tom Kuzma presented the award at the company’s 30th Anniversary celebration in Whistler, British Columbia on September 29th. The carrier’s top MGA partners were...
Professor Steers Driverless Car Programmers Toward Ethical Questions
Oct 14 2015 // It’s nothing more than a dune buggy on a cordoned-off street but it’s headed for trouble. A jumble of sawhorses and traffic’ cones simulates a road crew working over a manhole and the driverless car has...
New Car Safety Features Can Be ‘Turn-Off’ for Confused Drivers
Oct 9 2015 // Many Americans buying new cars these days are baffled by a torrent of new safety technology. Some features will automatically turn a car back into its lane if it begins to drift, or hit the brakes if sensors detect that...
Congress Pressured to Extend Deadline for Railroad Safety Technology
Oct 7 2015 // The head of Amtrak warned Congress that some passenger rail service outside the Northeast corridor will be suspended if lawmakers don’t extend a Dec. 31 deadline for railroads to install safety...