Nationwide Insurance has become the latest large insurer to expand its use of leak-detection and other sensors for homeowners, offering a small discount on premiums. The company announced this week that it has teamed up with Notion, a firm affiliated …
A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems and agent portals to support complexities of business. Novarica also says use of drones, internet of things (IoT), and mobile …
On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp. founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The Japanese telecommunications and internet corporation said on …
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …
Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to the internet. The Internet of Things, a movement that seeks to …
U.S. states said they will investigate a massive breach at digital toy maker VTech Holdings Ltd as security experts warned that hackers are likely to target similar companies that handle customer data. Attorneys general in the U.S. states of Connecticut …
IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help companies better manage their businesses. IBM estimates …
