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State Farm will acquire 133.3 million shares of ADT's common stock at $9 per share, or 25% higher than Friday's closing price, according to a statement Tuesday.
September 6 -
According to a Breeze survey, 55% of consumers would be interested in buying a hypothetical insurance product from Amazon that used data analytics to determine policy pricing, over a legacy carrier.
January 19 -
UPS, which tested autonomous delivery vans with Waymo in the Phoenix area beginning last year, will expand that partnership to include big rigs, Waymo said in a statement. The courier first began testing autonomous technology on 18 wheelers with TuSimple in Arizona after taking an equity stake in the startup in 2019. The Waymo tests will be done for UPS’s North American Air Freight unit for delivery routes between Dallas and Houston.
November 17 -
Coefficient Insurance will sell stop-loss insurance, a type that helps cover unexpectedly large claims against employers who self-fund their health-benefit policies.
August 27 -
With the location tracking setting turned off, the Alphabet Inc. unit collects information deceptively through other user settings, according to a lawsuit.
May 29 -
Google’s plan to buy Fitbit is running into a wall of antitrust and privacy worries in the U.S., Europe and Australia.
February 12 -
With Big Tech accused of everything from decimating industries to abusing data privacy, calls are growing for the creation of a federal regulator.
September 12 -
About a dozen health plans will join Apple, Google and Microsoft to test a new private sector implementation guide for Blue Button 2.0.
August 7 -
Wing has been working on demonstration programs with the FAA, and is also holding discussions with other countries on getting its app approved,
July 17 -
The firm's hire of Mike Schuster to work on AI may have implications for the small-business insurance platform it partially owns.
April 19 -
Developers can now really push the limits of their artificial intelligence platforms, giving them not just more human-like and life-like speech patterns, but also more accurate responses.
February 28
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Otonomo has developed technology to make it easier to distribute connected-car data by securing, anonymizing and aggregating information while adhering to regulations.
February 27 -
Estimates vary wildly from 300,000 skilled practitioners to less than 10,000 worldwide.
February 9 -
Insurtech will supply trip-based insurance for lost property and medical expenses to customers using Waymo's new ride-hailing service launching in 2018.
December 20 -
As of Nov. 3, more than 838,000 people had registered with the agency as owners of small, civilian drones.
November 30 -
One in four households is expected to have a voice assistant item by the end of the year, giving carriers an opportunity to leverage the new channel for service.
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Insurance companies can help consumers stay informed on risks to lives and property, evolving them into life-coaches.
September 28
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Carrier is looking to develop customer experience comparable to that of Amazon and Google, according to Cathleen Scerbo, VP of IT business operations.
September 15 -
The tech firn doubles down on attempts to back early-stage companies that are building software around AI, blockchain and computer vision.
September 5 -
Deep learning applications may put insurers on the forefront of technology.
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