A state mandate in California that will require all cars sold after 2035 to be emission free presents a formidable challenge for auto insurers to properly price and fully understand the risks presented by electric vehicles. The rule adopted by …
Wouldn’t it be nice, if, instead of relying on adjusters and restoration companies to surmise how much damage was actually caused by a water leak, an insurer could stop the leak almost before it starts. That’s now the reality for …
Researchers at North Carolina State University have identified design flaws in “smart home” Internet-of-Things devices that allow third parties to prevent devices from sharing information. The flaws can be used to prevent security systems from signaling that there has been …
Long gone are the days when the biggest worry about ripping open a new electronic toy for the holidays is whether batteries would be included. Internet technology has imbued the toy industry like never before. Yet along with those advances …
The Internet of Things is changing the customer experience, according to Kevin Daley, chief business architect at IBM. Daley, who looks at existing and future technologies and has been with IBM for the past 15 years, spoke recently at Safelite …
With an ever increasing number of everyday objects from our homes, workplaces and even from our wardrobes, getting connected to the Internet, known as the ‘Internet of Things’ (IoT), researchers from the University of Southampton have identified easy-to-use techniques to …
Drones, artificial intelligence (AI) and the Internet of Things (IoT) are considered the top three technologies that will impact claims, according to a new report by Boston-based insurance research firm Strategy Meets Action. The report, The Impact of Emerging Technologies …
Physical and privacy risks relating to wearable devices has prompted a familiar face in the safety arena to research the technology. With so many questions relating to wearable device safety, Underwriters Laboratories has delved into the wearable technology space, said …
Like a lot of teenagers, Aanya Nigam reflexively shares her whereabouts, activities and thoughts on Twitter, Instagram and other social networks without a qualm. But Aanya’s care-free attitude dissolved into paranoia a few months ago shortly after her mother bought …
New data derived from technology innovation is just one of the many reasons insurers are considering the daunting task of implementing new claims systems. A number of recent industry reports indicate that insurance IT spending is expected to increase. Late …