In a move that has sent waves through the automotive industry, the Texas Attorney General has filed a consumer privacy lawsuit against General Motors, alleging that the company has been collecting and selling detailed driver data without explicit customer consent. The data in question includes
In today’s digital age, the synergy between regulatory models and cyber insurance plays a crucial role in shaping an organization’s security landscape. The intricate relationship between legislative frameworks and insurance policies not only guides businesses in maintaining robust cybersecurity mea
The insurance industry in the United Kingdom is under the microscope again, thanks to a new report from the Financial Conduct Authority (FCA). Published on August 21, 2024, the report scrutinizes how well insurance providers and brokers are delivering fair value to their customers. Efforts have
In a remarkable stride for the InsurTech sector, Canadian startup YouSet has successfully closed an oversubscribed seed funding round, raising a commendable $3.5 million. Launched in 2017, YouSet has swiftly emerged as a pivotal player in the insurance industry, driven by its mission to simplify
The disclosure that General Motors (GM) has been collecting and selling driver data to insurance companies has sparked significant concern over consumer privacy. From 2015 onwards, GM's practice of data sharing without explicit customer consent has led to a lawsuit by Texas Attorney General
Insurity, a leading provider of cloud-based software and analytics for insurance carriers, brokers, and managing general agents (MGAs), has introduced the Insurity Spreadsheet API. This new solution is set to revolutionize the insurance industry by significantly accelerating product development
