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Disruptive is a word tossed around a lot in the world of insurance technology, but its difficult to argue with Deloitte Consultings Steve Packardand othersthat the use of telematics to make up what is known as usage-based insurance (UBI) fits that description.

Disruptive is a word tossed around a lot in the world of insurance technology, but its difficult to argue with Deloitte Consultings Steve Packardand othersthat the use of telematics to make up what is known as usage-based insurance (UBI) fits that description.

I was in Chicago last week for Insurance Telematics 2012 and listened to presentations from about two dozen speakers on how telematics and usage-based insurance will affect both the commercial lines and personal lines of insurance. Heres a sampling of quotes from the conference.

I was in Chicago last week for Insurance Telematics 2012 and listened to presentations from about two dozen speakers on how telematics and usage-based insurance will affect both the commercial lines and personal lines of insurance. Heres a sampling of quotes from the conference.

Towers Watson, a global professional services company, and Hughes Telematics, Inc.(HTI), a Verizon company providing connected solutions, announce they have formed a strategic alliance to provide personal line U.S. auto insurers with comprehensive data services for usage-based insurance (UBI) programs.

Towers Watson, a global professional services company, and Hughes Telematics, Inc.(HTI), a Verizon company providing connected solutions, announce they have formed a strategic alliance to provide personal line U.S. auto insurers with comprehensive data services for usage-based insurance (UBI) programs.

Columbus, Ohio-based insurer SafeAuto has been a family-owned and operated business for 19 years, but on Aug. 13 an outside executive will take the reins as CEORon Davies, who most recently served as Senior Vice President of Product Management at Allstate. (Founders Ari Deshe, chairman & CEO, and Jon Diamond,...

"Weblining" -- denying people opportunities based on their digital selves -- could resurrect the specter of redlining in the insurance industry.