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IoT botnets present unmanageable cyber security risk: Juniper Research

January 23, 2017 by Canadian Underwriter

The scale of embedded connectivity could lead to an unmanageable cyber security risk created by botnets, Juniper Research Limited cautioned Monday in releasing data indicating the consumer Internet of Things (IoT) installed base will reach 15 billion-plus units by 2021.

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Two out of three U.S. homeowners insurance customers would switch carriers to get discounts for using smart home devices, study finds

January 17, 2017 by Canadian Underwriter

Two out of three homeowners insurance customers in the United States would be willing to change insurance companies to get policy discounts for using smart home devices, according to new research findings released on Tuesday by NTT DATA. “Our study

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Worldwide IT spending forecast to grow 2.7% in 2017: Gartner

January 13, 2017 by Canadian Underwriter

Worldwide spending on information technology is projected to total US$3.5 trillion in 2017, a 2.7% increase from 2016, according to Gartner, Inc. Gartner, a Stamford, Conn.-based IT research and advisory company, noted in a statement on Thursday that the growth

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Seven of 10 global consumers would welcome robo-advice for banking, insurance and retirement services: Accenture

January 11, 2017 by Canadian Underwriter

Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their insurance, banking and retirement planning, according to a new report by Accenture. The 2017

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Tesla equipping cars to drive completely on their own

October 20, 2016 Michael Liedtke - THE ASSOCIATED PRESS

SAN FRANCISCO – Tesla Motors is starting to build its electric cars with all the sensors, cameras and other gear needed to drive completely on their own when regulations allow the technology to take over that responsibility. The announcement made

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Uber gives riders a preview of the driverless future

September 14, 2016 Dake Kang - THE ASSOCIATED PRESS

PITTSBURGH – Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick

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Self-driving cars go public; Uber offers rides in Pittsburgh

August 19, 2016 Justin Pritchard and Tom Krisher - THE ASSOCIATED PRESS

SAN FRANCISCO – The option to hail a ride in a self-driving car, which was science fiction just a few years ago, will soon be available to Uber users in Pittsburgh, the first time the technology has been offered to

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Google offers look at fire damaged Fort McMurray neighbourhoods

May 14, 2016 The Canadian Press

Fort McMurray evacuees eager for a look at how their neighbourhoods fared during a recent forest fire have a new tool – Google. The California-based Internet giant is offering a bird’s-eye view of the city taken from satellite imagery on

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In first-of-its kind collaboration, Google to integrate self-driving technology into 2017 Chrysler minivan

May 6, 2016 by Canadian Underwriter

For the first time, Google has announced that it will work directly with an automaker to integrate its self-driving system, including sensors and software, into a passenger vehicle. Earlier this week, Google said that it will integrate its self-driving technology

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Road to Judgment

May 1, 2016 Greg Meckbach, Associate Editor

Suppose that, because the name Bruce Springsteen appears nine times in this editorial (twice in the lede), an Internet search engine misidentifies Bruce Springsteen, rather than self-driving cars, as a key topic. Search engines are now pertinent to traffic safety

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YIPT autonomous vehicles panel addresses product liability, future need for personal auto insurance

April 22, 2016 by Canadian Underwriter

The first fully autonomous cars could be in showrooms in a few years, attendees to the Young Insurance Professionals of Toronto (YIPT) second annual Speaker Panel Series heard last week. “You will see the first fully autonomous cars in showrooms

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Customers ‘highly highly irritated’ if websites too slow: CSIO speaker

April 15, 2016 Greg Meckbach, Associate Editor

Insurance providers with a mobile web presence need to ensure their pages load quickly, a Google Inc. executive suggested Thursday to industry professionals in Toronto during the Centre for Study of Insurance Operations (CSIO) annual members’ meeting. “Google is optimizing