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Archive for February 2017

$50K Awarded by NFL to 3 Startups Developing Safety Technology

With player safety under the microscope, the NFL and the Texas Medical Center held a competition Saturday for startups making innovative products geared toward improving the game. Nine companies competed in three categories – communicating with the athlete, training the … Source: Claims Journal

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Arizona and California Auto Insurance Fraud Busts

GO-PRO Video Leads to Conviction of Insurance Fraud Suspect Robert Atlas falsely reported to GEICO that he had crashed his 2012 Corvette Stingray while exiting the I-10 freeway, on the exit ramp at Wild horse pass in Chandler Arizona. Robert … Source: Claims Journal

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Business News: Insurity, Coventry, Acrometis, Genex

Insurity Acquires Valen Analytics Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions, announced its acquisition of Valen Analytics. Founded in 2004, Valen is a provider of proprietary data, analytics and predictive modeling for P/C … Source: Claims Journal

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Data Shows Less Human Help Needed by Self-Driving Car Prototypes

Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup driver intervening, according to data made public Wednesday by California transportation regulators. The data reflect safety-related incidents reported by 11 companies that … Source: Claims Journal

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VW Will Pay $1.2B or More to U.S. Big Diesel Owners

Volkswagen has agreed to pay at least $1.2 billion in buybacks and compensation to settle claims from U.S. owners of cars with larger diesel engines that the company rigged to cheat on emissions tests. And the German automaker could pay … Source: Claims Journal

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AIG: Trust Critical in Employee Data Sharing With Companies

Companies need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full economic and competitive benefits of the Internet of Things (IoT) and the sharing economy, according to … Source: Claims Journal

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