Risk Assessment

Is GM Violating Driver Privacy by Selling Data Without Consent?
Regulatory & Compliance Is GM Violating Driver Privacy by Selling Data Without Consent?

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

Advanced Geocoding and PUIDs Enhance Insurance Risk Assessment Strategies
Risk Management Advanced Geocoding and PUIDs Enhance Insurance Risk Assessment Strategies

In today's evolving insurance landscape, accurate risk assessment has become increasingly crucial. With natural disasters becoming more frequent and populations expanding into higher-risk areas, the need for precise data on insured locations is greater than ever. Innovative address technologies,

Is Technology Softening the U.S. Commercial Insurance Market in 2024?
Insurance Is Technology Softening the U.S. Commercial Insurance Market in 2024?

In the second quarter of 2024, the U.S. commercial insurance market witnessed a marked deceleration in premium increases, representing a major shift in market dynamics largely propelled by the Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index for Q2/2024. This

Tech Insurance Market Surges Amid Rising Cybersecurity Threats
Technology & Trends Tech Insurance Market Surges Amid Rising Cybersecurity Threats

The Global Tech Insurance Business market is experiencing a period of rapid expansion driven by increased cyberattacks, data breaches, and technological advancements. As technology companies face unique risks like cyber liability and intellectual property infringement, the demand for specialized

How Are Auto Insurers Using Data to Create Custom Rates?
Risk Management How Are Auto Insurers Using Data to Create Custom Rates?

The auto insurance industry is undergoing a profound transformation, driven by the integration of advanced data analytics and data scoring technologies. This shift is allowing insurers to offer more personalized, fair, and competitive insurance packages. It reflects a broader change in how auto

Transforming Insurance: Yas Digital Merges Data Streams and Blockchain
Technology & Trends Transforming Insurance: Yas Digital Merges Data Streams and Blockchain

In today’s fast-paced world, the insurance industry is ripe for transformation. The complexity and inefficiency have long been pain points for policyholders and companies alike. Andy Ann, the founder of Yas Digital, envisions a dynamic, data-driven approach to revolutionize insurance. By

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