smartphone insurance News

Insurers Cheated Out of Millions in False Claims for Lost or Damaged Cell Phones

A Newark, New Jersey man has admitted that he conspired with others to defraud telephone providers and insurance companies out of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices. He and …

Smartphone-Only, Fintech Startup N26 Triples Customers Over Past Year

German smartphone-only bank N26 said on Wednesday the number of customers using its online accounts rose to more than 300,000, tripling in size from a year ago, as the company marks progress as a pioneer in pan-European banking for mobile …

Investors Back Trov, On-Demand Platform for ‘Insurable Moments’ and Items, with $39M

Investors have pledged $39 million for a technology platform that allows consumers to insure their valuable things and turn the coverage on and off whenever they want with swipe of a finger on their smartphone. In the words of the …

Schools, Parents Seek Protection for Kids’ Pricey Smart Devices

In the couple of weeks since the Academy of Our Lady in Marrero, Louisiana, began its school year, three of the 450 students have already broken their school-issued iPads. One got crushed by books in a backpack, and one got …