Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Woman Pleads Guilty to Defrauding Rhode Island Tech Company of $500K
Apr 4 2019 // A Massachusetts woman has pleaded guilty to defrauding a Rhode Island technology company out of more than $550,000 in reimbursements for business expenses. Jill Martinho entered her plea to wire fraud and willfully making...
Tech Firms Face Fines and Jail for Failure to Remove Violent Content in Australia
Apr 4 2019 // Australia will fine social media and web hosting companies up to 10 percent of their annual global turnover and imprison executives for up to three years if violent content is not removed “expeditiously” under...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Apr 4 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible...
IA Capital Group Raises $150 Million for Insurtech Investing
Apr 4 2019 // IA Capital Group, an insurtech-focused venture capital firm, said it has raised $150 million across three funds. The three funds are Inter-Atlantic Stonybrook Insurtech Ventures, focusing on property/casualty insurtech;...
UK Financial Services Business Flows to EU to Avert Possible Brexit Disruption: Report
Apr 3 2019 // Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday. William Wright, head of New Financial, said...
EU Financial Services Chief Warns of Market Disruption from No-Deal Brexit
Apr 2 2019 // A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks...
Americans Still Don’t Trust Autonomous Vehicles: Reuters/Ipsos Poll
Apr 2 2019 // Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos...
How Drones and Aerial Imagery Use Rose to New Heights Post 2018 Catastrophes
Apr 1 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Today’s Hot Markets
Apr 1 2019 // Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and...
Hannover Re Offers Match-Making Service for Insurtechs, Insurers Called ‘hr | equarium’
Mar 27 2019 // Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain. However, the challenge for both insurers and insurtechs is how to find the best...
Florida Insurtech HoneyQuote Rolls Out Real-Time Rating Engine, Adds Heritage to Platform
Mar 26 2019 // HoneyQuote.com has added a new carrier partner and launched its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy online. The application is backed by...
Microsoft Exec Says It’s Time to Revisit Big Tech’s Responsibility for Its Content
Mar 25 2019 // Microsoft Corp. President Brad Smith has called for a broad effort by the technology sector to do more to halt posting and accessing of violent materials like the videos of killings from the recent terrorist attacks in New...
Q&A: Mitchell International’s Hatamian Talks Workers’ Comp’s Tech Transformation
Mar 22 2019 // Powered by InsuranceJournal.tv Mitchell International’s product management and strategy group leader, Shahin Hatamian, recently spoke with Insurance Journal’s Elizabeth Blosfield about how technology has been...
Northern Australia Braces for 2 Cyclones, Disrupting Mining, Shipping Operations
Mar 22 2019 // Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a state of emergency in the region as Tropical...
9 Insurance Agency Start-Ups: Why and How They Set Out on Their Own
Mar 22 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions
Mar 20 2019 // The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal...
Claim Solution Innovator CCG Moves into the Risk and Underwriting Arena with the Acquisition of RSI
Mar 19 2019 // Charlotte, North Carolina, March 19, 2019 – Consolidated Claims Group LLC (CCG), a leading provider of independent claim investigations, announced the acquisition of San Francisco-based Research Specialists Inc. (RSI), a...
Nevada Mulling ‘Textalyzer’ Tech That Scans Cellphones After Crashes
Mar 18 2019 // Most states ban texting behind the wheel, but a legislative proposal could make Nevada one of the first states to allow police to use a contentious technology to find out if a person was using a cellphone during a car...
Real Life Examples Show Why Businesses Must Boost Their Cyber Defenses
Mar 18 2019 // When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I...
People
Mar 18 2019 // National Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali...
