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| Today's Headlines | August 30, 2021 |
Late last week, I was reviewing my Twitter feed and came across a tweet that made no sense to me. While it's a common occurrence for me to be baffled by Twitter exchanges, this particular tweet purported to be telling a mathematics joke—and it mentioned Duke University Prof. Dan Ariely, a behavioral scientist known to... read more | | Root is the latest InsurTech to acknowledge that digital insurance won't necessarily take over the industry, because independent agents remain a vital part of the sales and distribution of policies. This evolution in thinking appears to be based, in part, on a pragmatic evaluation of the marketplace. read more | | The COVID-19 pandemic has disrupted home and lifestyle in a way that's vastly altered consumer perceptions of the Internet of Things (IoT). Today, 34% of all single-family households own a smart home device, according to research by Parks Associates. This percentage is expected to grow... read more | | As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons learned during the 15 months since COVID distancing began. John Neal, chief executive officer of Lloyd's of London, Dino Robusto, chair and CEO of CNA, Peter Zaffino,... read more | | T-Mobile US Inc said on Friday it was confident there were no continuing risks to user data from a breach disclosed earlier this month that affected more than 53 million current, former and prospective customers. read more | | SPONSORED BY: CoreLogic While we can't control the occurrence of natural disasters like hurricanes, we can prepare for them. Understanding the risk to help accelerate recovery is the key to resilience.... read more | 
| Peloton Interactive Inc said on Friday U.S. regulators were investigating the company, adding to the exercise bike maker's woes as it deals with a backlash over reports of accidents involving its treadmills. read more | | Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world's largest companies, that intruders could have the ability to read, change or even delete their main databases, according to a copy of the email and a cyber security researcher. read more | | ELEMENT and Parametrix Insurance are partnering on parametric cloud outage insurance for companies in Germany. Mosaic Insurance and DXC Technology have launched an insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. TechAssure, RiskAnalytics and ICE Cybersecurity are partnering to launch an exclusive cyber insurance option. read more | | Hurricane Ida pounded Louisiana after sweeping ashore from the Gulf of Mexico, flooding wide areas under heavy surf and torrential rains as fierce winds toppled trees and power lines, plunging New Orleans into darkness after nightfall. read more | |
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| | | | Cyber insurance has become a significant issue for insurers. From being a ... read more | | | GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | | | Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | | | Managing agent and agency onboarding is a business critical function for ... read more | | | As large P&C carriers and brokers continue to grow through mergers and ... read more |
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