Trending InsurTech Headlines
The most viewed headlines from our InsurTech Topic Page over the last 30 days.
#1 Fintech Vesttoo Seeks Chapter 11 Bankruptcy Protection
Aug 15 2023 // Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal action against those responsible for a fake collateral scandal, it said in a statement on...
#2 Investors Double-Down on Cyber Insurtech Resilience With $100M Series D Round
Aug 7 2023 // Investors in cyber risk solution company Resilience have contributed again – $100 million in a series D equity financing round – a testament to the company’s business model and results, its leaders said. With...
#3 Tutoring Firm Settles EEOC’s First Bias Lawsuit Involving AI Software
Aug 11 2023 // A China-based tutoring company has agreed to settle a U.S. government agency’s novel lawsuit claiming it used hiring software powered by artificial intelligence to illegally weed out older job applicants. The 2022...
#4 How Aerial Imagery and AI are Helping Florida’s Insurers with Climate Change and Fraud
Aug 25 2023 // Residents of Southeastern states like Florida will be looking ahead to the heart of hurricane season with trepidation. With climate change bringing storms that are wetter, slower and more prone to intensifying rapidly,...
#5 Takeaways from Our Conversation on Insurtechs in Cannabis
Aug 11 2023 // Powered by InsuranceJournal.tv You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for...
#6 Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal
Aug 2 2023 // Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices in Asia, as it tries to recover from a scandal over a fraudulent letter of credit used as collateral in a...
#7 Tech Firm Behind Kentucky School Bus Route Snafu Had Problems in Ohio
Aug 17 2023 // LOUISVILLE, Ky. (AP) — The company behind a disastrous change to a Kentucky city`s school bus routes that resulted in more than a week of canceled classes had similar problems in two cities in neighboring Ohio last...
#8 Don’t Expect Quick Fixes in ‘Red-Teaming’ of AI Models; Security Was an Afterthought
Aug 15 2023 // White House officials concerned by AI chatbots’ potential for societal harm and the Silicon Valley powerhouses rushing them to market are heavily invested in a three-day competition ending Sunday at the DefCon hacker...
#9 Cyber Startup Wiz Is Weighing Potential Bid for SentinelOne
Aug 28 2023 // Closely held cloud cybersecurity company Wiz Inc. is considering a potential bid for SentinelOne Inc. in what would represent a rare move by a startup to buy a large listed company. Wiz spokesperson Tamar Harel said on...
#10 Connecticut, Other States’ Lawmakers Have a Lot of Questions About AI
Aug 9 2023 // As state lawmakers rush to get a handle on fast-evolving artificial intelligence technology, they`re often focusing first on their own state governments before imposing restrictions on the private sector. Legislators are...
#11 Wisconsin Launches Task Force to Study Impact of Artificial Intelligence on Workforce
Aug 24 2023 // MADISON, Wis. (AP) – Wisconsin became the latest state Wednesday to launch a task force to study the effects of artificial intelligence on the workforce, a growing area of concern among state leaders nationwide. Gov....
#12 Big Tech Braces for Roll-Out of EU’s Digital Services Act
Aug 24 2023 // More than a dozen of the world’s biggest tech companies face unprecedented legal scrutiny, as the European Union’s sweeping Digital Services Act (DSA) imposes new rules on content moderation, user privacy and...
#13 Is Automation the Answer to Microbusiness Insurance Profitability?
Aug 21 2023 // Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines? Though they’re the smallest of small businesses, microbusinesses account for the...
#14 The National Alliance Launches CISR High School Program at Central Tech Campuses
Aug 15 2023 // Tulsa, Oklahoma, August 14, 2023 – The National Alliance for Insurance Education & Research announces that Central Technology Center has successfully completed the first year of the Certified Insurance Service...
