Latest Tech Headlines

All the headlines from our Tech Topic Page, ordered by recency.

Rising COVID Outbreaks on Ships Endanger Maritime Workers, Risk Trade Disruptions

Jul 13 2021 // Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic...

EU Fines VW, BMW $1B for Colluding to Curb Use of Emissions Cleansing Technology

Jul 8 2021 // BRUSSELS – The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed.The...

InsurTech NY Opens Applications for 2021 Cohort

Jul 7 2021 // InsurTech NY will be accepting applications for its growth-stage InsurTech accelerator. The application window will be open from July 7 to August 2 and applications will be accepted through the InsurTech NY website.The...

Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’

Jul 5 2021 // Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, an expert at insurer Sompo Holdings...

Technology Experts to Analyze Cause of Surfside Condo Collapse

Jul 2 2021 // A team of technical experts from the federal government and outside specialists are going to gather building material samples and study soil conditions in order to determine the engineering reasons behind the collapse of a...

South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering

Jul 2 2021 // Carrot General Insurance Corp., South Korea’s first digital-only insurance provider, announced that it has raised 100 billion won (US$88.7 million), which equals its founding capital raised in 2019.The Seoul-based...

Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank

Jul 2 2021 // India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems which could pose a financial stability risk.In its semi-annual...

Insurtech Startup bolttech Raises $180 Million, Valuing Firm at More Than $1B

Jul 1 2021 // Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion.The New York and Singapore-based...

Safety Regulator Wants Crashes of Cars with Advanced Tech Reported Within 1 Day

Jun 30 2021 // U.S. regulators on Tuesday said they would keep a closer eye on the automotive industry as it rolls out advanced driver safety systems, tracking the new technologies to spot potential defects faster.The National Highway...

Wall Street, Tech Firms Fear SEC Climate Disclosure Will Trigger Lawsuits

Jun 29 2021 // The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest tech companies say will lead to a barrage of shareholder...

How Technology Can Be Used to Lessen the Damage from Natural Disasters

Jun 29 2021 // In 2020 alone, more than 10.3 million acres were burned by wildfires across the United States, a level three times higher than the 10-year average from 1990 to 2000 10. Between fire suppression costs, direct and indirect...

Indictment Says Tech Firm Official Stole Money, Ran Fraud Scheme

Jun 25 2021 // The chief operating officer of a Philadelphia-based technology startup company orchestrated a long-running securities offering fraud while simultaneously embezzling hundreds of thousands of dollars from the firm, according...

Insuring Cyber Podcast: How Insurtechs Are Helping Insurers Bridge the Digital Divide

Jun 23 2021 // Powered by InsuranceJournal.tvAs the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how insurtechs can step in and help insurers navigate the ever changing digital space....

Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’

Jun 23 2021 // Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime —and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings...

InsureTech Connect Vegas 2021 is Back in Full Force

Jun 22 2021 // Waitlist for All Sponsorships and Exhibit Hall Space; Agenda Full; Price Increase June 26.NEW YORK, JUNE 21, 2021 – InsureTech Connect (ITC) has announced that its sales have been so robust for its October 2021 Vegas...

Paris-Based Insurtech Akur8 Raises $30 Million for International Expansion

Jun 18 2021 // Akur8, the Paris-based insurtech firm that automates insurance pricing, has closed a Series B funding round of $30 million, bringing its total funding to $42 million.This latest funding round will accelerate Akur8’s...

USAA to Acquire Insurtech Noblr to Offer Its Members Usage-Based Auto Coverage

Jun 16 2021 // Insurer USAA is buying Noblr, an insurtech digital insurer offering behavior-based auto insurance.USAA, a Texas-based insurer focused on members of the U.S. military and their families, said the acquisition will help make...

Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies

Jun 9 2021 // The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system...

50 Investors Urge Ethical Development of Facial Recognition Technology

Jun 8 2021 // A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way.The...

German Insurtech ELEMENT Raises $19.5M to Continue Growth

Jun 7 2021 // ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional investment from existing and new investors.The additional capital will be used to...