All the headlines from our Data Driven Topic Page, ordered by recency.
Dec 30 2024 // Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.“It’s truly become an arms...
Dec 18 2024 // A U.S. House of Representatives task force on artificial intelligence on Tuesday released a report of more than 250 pages outlining the potential benefits and harms of the technology.The 24 members of the bipartisan House...
Dec 17 2024 // Artificial intelligence is at the center of Experian’s annual breach forecast due to its enabling capabilities.Michael Bruemmer, vice president of global data breach resolution at information services company, said...
Dec 17 2024 // A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late.The nationwide data was...
Dec 11 2024 // Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving.AI developers themselves are grappling with how to prevent abuse of novel systems,...
Dec 6 2024 // Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent...
Dec 4 2024 // Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much, and the keen adopters likely will be rewarded – but it’s a path that must be navigated...
Nov 26 2024 // While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data and assess risk, malicious actors use the same tech to disrupt business and profit from...
Nov 25 2024 // Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her...
Nov 22 2024 // Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks after it released reports contending that some of Florida’s largest property...
Nov 21 2024 // Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability. “As...
Nov 20 2024 // This post is part of a series sponsored by AgentSync.Data is at the core of the insurance industry. From the smallest independent agencies to the largest legacy carriers, insurance organizations of all sizes house data....
Nov 19 2024 // When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the tech company’s artificial intelligence unit, saw something other models missed....
Nov 18 2024 // The insurance industry is in the midst of a digital revolution, with artificial intelligence (AI) at the heart of it. From streamlining claims processing to creating personalized policies, AI has quickly become a vital...
Nov 15 2024 // Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence.The bulletin, which was adopted by the National Association of Insurance...
Nov 15 2024 // U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger users, amid privacy and safety concerns.Holyoak, one...
Nov 8 2024 // Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid.Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute about...
Nov 8 2024 // You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless...
Oct 30 2024 // A pilot program testing AI-powered weapons scanners inside some New York City subway stations this summer did not detect any passengers with firearms — but falsely alerted more than 100 times, according to newly released...
Oct 29 2024 // Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people...