Virtual claims technology firm Snapsheet has appointed insurance industry veteran Jamie Yoder as president. Yoder will lead activities across Snapsheet’s business lines, including virtual appraisals, fleet and rental management, Snapsheet Transactions and digital engagement and claims management. Yoder joins Snapsheet …
Insurance broker Marsh is expanding its collaboration with IBM to provide clients with access to the industry’s first commercial blockchain product for proof of insurance through the Salesforce customer management platform. Blockchain technology promises to automate and streamline the proof …
Uber Technologies Inc. will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing company has suffered. The settlement with 50 U.S. …
A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My Big Coin Pay Inc. The closely …
After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its Sam’s Club division will …
As the Trump Administration continues to slap tariffs onto various consumer products, property/casualty insurers are increasingly concerned how some of these actions will affect the cost of auto and home insurance. Auto parts tariffs have drawn the most industry attention. …
The specialty insurer Navigators Group announced the expiration of a 30-day “go-shop” period provided for under the terms of its merger agreement with The Hartford Financial Services Group. Navigators said it received no other offers during the period, despite having …
Clearsurance, an online publisher of insurance consumer reviews and data, has announced its partnership with CoverHound, an online property and casualty insurance comparison platform. Based just outside of Boston, Mass., and founded in 2016 by Michael Crowe and Todd Kozikowski, …
Cloud services provider Slice Labs has raised an additional $20 million that it will use to expand its cloud services for on-demand insurance products globally. The Series A funding round was led by The Co-operators with participation from XL Innovate, …
The head of the main U.S. agency for aiding developing country infrastructure projects said on Monday the ability to extend funding for such investments is expected to double if new legislation is approved by the U.S. Congress. Ray Washburne, president …
