Live Insurance News

Texas Slaps Allstate Owned Arity with Privacy Violation Notice

December 19, 2024December 21, 2024 Angela Linders

Texas Attorney General Accuses Arity of Violating Data Privacy Laws Texas Attorney General Ken Paxton has issued a notice of violation to Arity, a data broker owned by Allstate, for allegedly failing to comply with the Texas Data Privacy and Security Act (TDPSA). The notice, sent on November 29 and later made public, accuses Arity of failing to clearly notify consumers about the types of data it gathers and processes. It also claims the company sold sensitive data without user consent, raising concerns about privacy and ethical use of personal…

4 Key Benefits of Implementing Cloud Medical Software in Your Practice

October 18, 2024 Guest Author

small businesses and the cloud with security

Cloud Medical Software: Elevating Data Security and Compliance in Healthcare The digital revolution has seen many healthcare providers increasingly turn to the use of technology in their practices to enhance efficiency and accessibility and offer patients better care. One of the innovations that they have adopted is the cloud medical software which has significantly transformed the way that practices operate. Below are some of the key benefits of implementing cloud medical software in your practice as a healthcare provider: Improved data security and compliance Patient’s private data is extremely sensitive…

Gen Z’s Truth About Lying: A Tech Revolution in Insurance

May 16, 2024May 15, 2024 G. Turner

In an unexpected twist, the high rate of insurance application falsifications by Gen Z has become a catalyst for technological advancements within the insurance industry. NerdWallet’s 2024 Insurance Dishonesty Report reveals that 42 percent of Gen Z-ers have admitted to lying on insurance applications to secure better rates. This trend, while initially alarming, is driving significant innovation in how insurers handle data and assess risk. Generational and Gender Perspectives on Insurance Dishonesty Emerging trends highlight a generational and gender divide in attitudes towards insurance dishonesty. Men are generally more inclined…

Flow Specialty Emerges from Capitola Insurance Rebrand with New Leadership and Enhanced Capabilities

April 24, 2024April 24, 2024 Live Insurance News

Backed by Munich Re Ventures and Lightspeed Venture Partners, the newly rebranded Flow Specialty (formerly Capitola Insurance) sets a new standard in the specialty wholesale insurance market. Integrating human expertise with advanced artificial intelligence (AI), Flow Specialty offers faster quotes, transparent communication, and reduced costs, providing unmatched service and access to premier markets. Enhanced Offerings for a Dynamic Industry Flow Specialty tailors its solutions to meet the unique needs of retail agents and carriers with a focus on: Professional Liability Insurance: Broad access across various markets catering to companies with challenging renewal…

5 Reasons Small Businesses Should Migrate to the Cloud

November 17, 2023 Guest Author

We are living in a world of ones and zeros and as we move into a new dimension of digital connectivity, every business should be connected to the cloud. Storing your data on a secure remote server makes total sense, a lot safer than storing it on your office hard drives and with that in mind, here are a few compelling reasons to migrate your business data to the cloud. Bookkeeping & accounting – Once you have a secure cloud network, create a username and password for your accountant for…