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Apple, Meta Fined as EU Presses Ahead With Tech Probes
Apr 24 2025 // Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big...
The Race to Fix Aging Computer Systems Heats Up With AI’s Help
Apr 24 2025 // Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times as old as the crew’s youngest members. Mudrovcic specializes in mainframe technology,...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options
Apr 24 2025 // Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among...
Texas-Based Insurtech Steadily Secures $30M Series C Round
Apr 23 2025 // Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves 18 million individual rental property owners who...
People Moves: Xceedance Names Sankaran Global COO; Naquin Joins ReSource Pro as GM, Tech Services
Apr 22 2025 // Xceedance Appoints Sankaran as Global Chief Operating Officer Subramanian Sankaran Xceedance, headquartered in Worcester, Massachusetts, named Subramanian (Subbu) Sankaran to the new role of global chief operating...
Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment?
Apr 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...
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