Vivint says its new Water Sensor Experience service is the latest in the company’s venture into smart insurance as it works to re-define protection for homeowners.
Vivint Smart Home and New American Funding, an independent mortgage company, announced a strategic partnership that will help homeowners and homebuyers protect their homes.
ADT, a smart home and business security brand, brought actions for patent infringement against Vivint, a security and alarm company headquartered in Provo, Utah.
In the complaint, Vivint asserts that ADT’s Pulse, Control and Blue security systems infringe six of Vivint’s U.S. patents related to security and smart home technology.
Vivint Smart Home Inc., Provo, Utah, has agreed to pay the United States $3.2 million to resolve allegations under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.