Latest Data Driven Headlines

All the headlines from our Data Driven Topic Page, ordered by recency.

Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace

Nov 10 2022 // Risk Solved and expert.ai Offer for Language-to-Data Solution for InsurersRisk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language...

Data Stolen From Australian Health Insurer Medibank Posted on Dark Web

Nov 9 2022 // Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web.The files appear to be a sample of the data that...

Rhode Island Bus Service, Health Insurer Sued Over Data Breach

Oct 27 2022 // Two people whose personal information was compromised in a data breach at Rhode Island’s public bus service that affected about 22,000 people sued the agency and a health insurer this week seeking monetary damages...

Australia’s No. 1 Health Insurer Confirms Massive Data Breach, Theft of Patient Details

Oct 20 2022 // Australia’s biggest health insurer said on Thursday a criminal had apparently stolen customers’ medical information as part of a massive breach of data, fueling concern about a wave of high-profile cyber...

Australian Insurer Medibank Says Hackers Claim to Have Stolen Customer Data

Oct 19 2022 // Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed to have retrieved from the health insurer’s IT systems.The news comes six...

U.S. Treasury Proposes Climate Data Collection Rule for P/C Insurers

Oct 18 2022 // U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions in a new push to beef up financial regulation to...

U.S. Consumers Value Data Privacy Over Savings in Home, Auto Insurance: Policygenius

Oct 6 2022 // Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius.The survey found that 68% of U.S. consumers...

EU Draft Rules Would Make It Easier to Sue Drone Makers, AI Systems

Sep 28 2022 // Individuals and companies that suffer harm from drones, robots and other products or services equipped with artificial intelligence software will find it easier to sue for compensation under EU draft rules seen by...

Insurance Program Data Optimization and Integration … Staying Ahead of the Curve

Sep 16 2022 // This post is part of a series sponsored by IAT Insurance Group. Data is both a gift and a curse. Across all industries, companies have more information at their fingertips than ever before. Yet not all organizations have...

Catch 2022: Law Requires Fla. Insurers to Report Plaintiff Legal Fees, But Data Not There

Aug 8 2022 // At a recent workshop held by the Florida Office of Insurance Regulation, a claims specialist for USAA summed up the conundrum that property insurers are about to face when asked to report the other side’s legal fees...

Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem

Aug 4 2022 // The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias and discrimination. The bulletin acknowledged allegations of bias and discrimination...

The Rising Value of Flexibility in Life, Work and AI

Aug 1 2022 // Innovation calls upon us to challenge existing paradigms.Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We’ve had to swim upstream to...

Program Data Insurtech Noldor Raises $10M

Jul 18 2022 // New York-based Noldor, said it recently closed on a $10 million seed funding round from a group of well-established insurance investors. According to CEO John Horneff, Noldor’s seed funding positions the company for...

Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data

Jul 5 2022 // Betterview Analytics Now Offered via OneShieldProperty data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property...

Business Moves: Sandbox Invests in Florida Insurance Data Firm Confianza

Jun 27 2022 // Florida-based Confianza Inc., which provides data analytics and machine learning to insurance agents, announced that it had closed its round of seed funding, with most of the capital coming from Sandbox Insurtech...

Carnival Cruise Pays $5M, Gives Up Insurance Licenses in New York Over Data Breach

Jun 24 2022 // New York’s financial services regulator has fined Carnival Corp. $5 million for violations of the state’s cybersecurity regulations that the state says caused four cyber breaches and the exposure of personal...

Insurance Technology: BirdsEyeView Wins Funds for Parametric Cover; Audatex Adds Live Car Valuation Data

Jun 22 2022 // Parametric Insurtech startup BirdsEyeView has closed a seed funding round for an undisclosed amount led by SFC Capital, with the funds matched by the European Space Agency (ESA).BirdsEyeView uses satellite data to...

Hey Siri, What’s Next for AI and Robotics in Insurance?

Jun 22 2022 // A lot has changed in the world of automation since Apple first launched its virtual assistant, Siri, on October 4, 2011. It’s a date that musician, actress, and public speaker, Susan Bennett, remembers well because...

Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability

Jun 17 2022 // The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according to the awards’...

Insurance Technology: Flood Data From Arturo and ICEYE; Weather Intelligence From Verisk; Home Valuations from CAPE Analytics

Jun 2 2022 // Arturo and ICEYE Offer Near Real-Time Flood, Property Damage InsightsProperty analytics firm Arturo and sensor data provider ICEYE hope to change what’s possible with insurance response to flood events. ICEYE’s...