The battle for data access in the financial sector is heating up, with fintech startups and traditional banks locked in a struggle that could redefine the competitive landscape of digital financial services. Fintech companies are pushing for greater access to consumer financial data to drive
In the rapidly changing landscape of business risks, directors and officers (D&O) are continually adapting their insurance priorities to address emerging threats. The latest Directors and Officers Liability Insurance Survey conducted by Willis, in collaboration with Clyde & Co, provides new
In an era where personal data security has become increasingly paramount, New York Attorney General Letitia James has achieved a significant victory in holding corporations accountable for protecting consumers' information. Attorney General James successfully secured a $975,000 settlement from
Debates about the role of artificial intelligence in the insurance industry are intensifying, as both experts and observers closely monitor developments. With rapidly evolving technologies and varying perspectives, the question remains whether AI truly is the future of insurance or just another
On March 20, New York Attorney General Letitia James secured a $975,000 settlement from Root Insurance for a data breach that compromised the personal information of approximately 45,000 New York residents. Although Root Insurance does not sell policies in New York, their online quote system had a
The insurance industry stands on the brink of a revolution, led by advancements in Artificial Intelligence (AI) and automation. As these technologies continue to evolve, they promise to reshape various facets of insurance, enhancing efficiency, accuracy, and customer experience. With the
