Live Insurance News

Mobile insurance claims are taking a while to catch on with consumers

October 26, 2017October 25, 2017 Logan B.

J.D. Power data shows insurer apps aren’t rapidly taking off among policyholders filing for payments. Mobile insurance claims aren’t very popular among policyholders, says J.D. Power data. Even though auto insurance companies across the country have launched massive advertising campaigns, consumers are still slow to adopt the tech. As much as mobile insurance apps are being used more frequently, that isn’t the case for making claims. J.D. Power released its 2017 U.S. Auto Claims Satisfaction Study. Within it, the firm indicated that the slow adoption of mobile insurance claims technology…

Ohio drivers can show proof of auto insurance on smartphones

March 26, 2015March 24, 2015 Julie Campbell

As of this week, it is possible to display the proof of coverage card in digital format within the state. Drivers throughout the state of Ohio are now legally able to use electronic devices such as smartphones and tablets to display proof of auto insurance instead of having to produce the paper form of the card. This is now a legal way of showing proof of coverage when it is requested by police officers and state agencies. The law went into effect at the beginning of this week and it…

Insurance industry struggles to embrace mobile technology

April 11, 2014April 9, 2014 S.Vagus

Lackluster mobile apps may be a major problem for insurance companies Capgemini, a leading consulting firm, has released a new report highlighting the insurance industry’s somewhat complicated relationship with mobile technology. For the past several years, insurance companies have been working to engage consumers through the use of social media, the Internet in general, and mobile applications. Some have found success, but success has been quite elusive for many others. One of the problems that insurers are facing currently has to do with the quality of the mobile applications they…

Bitcoin insurance is now available

January 15, 2014January 13, 2014 S.Vagus

Insurance coverage for digital currency comes to the UK Digital currency has been making slow progress with consumers and businesses alike for several years. The idea of digital currency is quite attractive, especially as mobile technology becomes more important in daily life. The idea, however, is also problematic in that digital currency is susceptible to a wide range of problems as well as being very attractive to hackers. Bitcoin could be considered the premier digital currency and its history has been marked by volatility, theft, and exploitation. Now, however, Bitcoin…

SIM cards could be a problem for the insurance industry

July 29, 2013July 29, 2013 Logan B.

SIM card vulnerability has insurance industry worried Germany’s Security Research Labs, a leading security firm, has found a serious flaw with the SIM card that are used in most mobile devices, which could have serious implications for the insurance industry. The discovery has been enough to spur the United Nation’s International Telecommunications Union into action. The organization suggests that the discovery is very significant and represents a potential threat to the global insurance industry and millions of consumers with smartphones and tablets. Flaw could affect millions of mobile consumers Security…

Mobile insurance is facing challenges in Asia

April 17, 2013April 16, 2013 Logan B.

Mobile insurance gains attention as more consumers get smartphones and tablets Mobile technology is beginning to play a major role in the lives of people all around the world. In Asia, smartphones and tablets are becoming exceedingly valuable, partly due to the services they provide to consumers as well as the type of information these devices are beginning to store. Several Asian markets have begun showing strong favor for high-end mobile devices, especially those designed to participate in mobile commerce. These devices are not only attractive to the average consumer, of course,…

T-Mobile may be raising insurance rates

December 10, 2012December 7, 2012 Nordstrom

T-Mobile could be pushing higher insurance rates next year Insurance coverage for mobile devices is becoming increasingly common and more comprehensive, especially as more consumers come to rely on their mobile devices in their daily lives. Smart phones represent a significantly costly investment for a wide range of people and are well-loved by many because of the features they offer. Smart phones are also popular targets of theft because of the information they contain and some are notoriously fragile. T-Mobile customers may see the insurance rates for their mobile devices…