All the headlines from our InsurTech Topic Page, ordered by recency.
Jan 22 2025 // AXA XL is partnering with London GreenCity, the UK’s first accelerator for development-stage climate tech entrepreneurs, to offer expertise in insurance and risk management to the accelerator’s members.London...
Jan 22 2025 // While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher.CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and...
Jan 21 2025 // While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher.CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and...
Jan 17 2025 // While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in 2025.Intense competition among cyber insurance carriers has resulted in higher limits,...
Jan 16 2025 // I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as wildfires raged across the state. Among the most devastating, the Palisades Fire consumed thousands of acres, leaving a...
Jan 15 2025 // President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.The order calls for...
Jan 14 2025 // The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t be fully accidental, as leaders from the region prepare to gather for a NATO...
Jan 13 2025 // Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties.Moody’s said the deal will create a property database capable of...
Jan 10 2025 // Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark Zuckerberg, a group of authors alleged in newly disclosed court papers.Ta-Nehisi...
Jan 8 2025 // A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate.Tulipshare, an activist...
Jan 8 2025 // Deep Vector, an artificial intelligence (AI) platform for analyzing underwriting documents, closed its seed round of $1.5 million, co-led by Aperture Venture Capital and InsurTech NY.Deep Vector helps insurers and brokers...
Jan 8 2025 // Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect the cloud along with a surge in artificial intelligence, global venture capital firm YL Ventures said on...
Jan 8 2025 // Energy startups have overtaken the makers of electric cars and batteries as the top global climate tech investment for the first time since 2020. They’ve done so as the growing demand for artificial intelligence has...
Jan 7 2025 // Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been easier to assert than to achieve consistently. Booking organic growth is difficult, even for firms...
Jan 7 2025 // Old Republic International Corp. said it is forming a new subsidiary for cyber and technology errors and omissions insurance products.Old Republic Cyber Inc. will be led by CJ Pruzinsky, formerly of Resilience. He will...
Dec 30 2024 // New York state government agencies will have to conduct reviews and publish reports that detail how they’re using artificial intelligence software, under a new law signed by Gov. Kathy Hochul.Hochul, a Democrat,...
Dec 30 2024 // Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.“It’s truly become an arms...
Dec 27 2024 // Last December, a farmer was burning dry grapevines in his vineyard in Deir Mar Moussa, a hill town a dozen miles east of Beirut known for its 18th century monastery and stands of pine forest. Usually this would be...
Dec 23 2024 // Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of the world’s largest retailer without their consent, a US consumer protection agency said on...
Dec 18 2024 // A U.S. House of Representatives task force on artificial intelligence on Tuesday released a report of more than 250 pages outlining the potential benefits and harms of the technology.The 24 members of the bipartisan House...