Insurance industry may need a better understanding of cyber insurance

google insurance cyber industry

Cyber insurance continues to be an issue for the insurance industry Cyber insurance has been around since the 1990’s, but the insurance industry has only recently begun to place more focus on digital threats. Following major attacks against companies like Home Depot, Target, and Sony Pictures, the insurance industry has been working to introduce better cyber insurance products. Better protection may be needed for businesses that could be targeted by malicious groups, as cyber attacks could cause major financial damage that can be very difficult to recover from. Adequately pricing…

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Insurance technology could place US drivers at risk, says hacker

Increasing auto insurance premiums technology

Tech expert, Corey Thuen, will be speaking at the S4 conference to show that pay as you drive dongles aren’t secure. Corey Thuen is a Digital Bond Labs security researcher, who has been working for a number of weeks on the subject of the insurance technology of onboard network dongles that are connected to the OBD2 ports of vehicles as a component of usage based auto policies. The findings of the research have been striking and they will soon be presented in a talk entitled “Remote Control Automobiles”. Thuen looked…

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Health insurance choice limitations frustrate many Californians

California health insurance

For people living in some parts of the state, they are not seeing the selection that they feel they were promised. When Peter Lee, the executive director of Covered California, spoke about the health insurance exchange in the state, last July, he gave the impression that Californians would be able to use the marketplace to purchase their plans and would always have at least two plans from which to choose. However, depending on where they live, this is not always the case for many people across the state. Lee’s announcement…

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1.2 million people in Florida receive coverage through state’s health insurance exchange

Florida health insurance

Florida’s health insurance exchange has successfully enrolled some 1.2 million people Approximately 1.2 million residents of Florida have signed up for health insurance through the state’s insurance exchange. The exchange is managed by the federal government, as Florida opted not to build its own insurance exchange some time ago. The exchange had been relatively successful in making coverage more accessible to consumers during the last open enrollment period, but the latest open enrollment period has proven to be more active, in terms of insurance policies being sold through the exchange.…

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Allstate insurance company offers financial health advice to consumers

Allstate Insurance company news

As 2015 gets started, the insurer has provided advice to those who resolve to improve their money situation. A recent release was published on the Allstate Insurance company website which has been designed to offer consumers some assistance in more effectively improving their financial situation throughout 2015. Among the most popular resolutions at the start of every year is spending less and saving more. This, according to the insurance company, which was citing stats from StatisticsBrain.com. Allstate has published a release to assist consumers in better living up to this…

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