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Cyberattack on Brazil Tech Provider Hits Reserve Accounts of Some Financial Institutions
Jul 3 2025 // Brazil’s central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its systems. The bank...
Zurich Insurance Buys Canadian Insurance Technology Firm BOXX
Jul 3 2025 // Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming...
Insurers Race to the Starting Line in the Dawn of the AI Decision Era
Jul 3 2025 // Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico...
Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use
Jul 2 2025 // Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on...
Resource Pro Acquires Tech Services Firm Propellint
Jul 2 2025 // Insurance operations specialist ReSource Pro has acquired Propellint, a Hartford, Connecticut-based tech services firm that specializes in implementing claims administration software. The deal expands New York-based...
Senate Strikes AI Regulation Ban From Trump Megabill
Jul 1 2025 // The Republican-led U.S. Senate voted overwhelmingly on Tuesday to remove a 10-year federal moratorium on state regulation of artificial intelligence from President Trump’s sweeping tax-cut and spending...
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