Latest Data Driven Headlines

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

Harnessing AI OCR Technology for Efficient Data Extraction

Sep 5 2024 // This post is part of a series sponsored by Selectsys. In today’s digital age, data is the lifeblood of the insurance industry. Accurate and efficient data extraction is crucial for streamlining operations, reducing...

Clearview AI Fined by Dutch Agency for Facial Recognition Database

Sep 5 2024 // U.S. facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection watchdog DPA said on Tuesday was an illegal database.DPA also issued an additional...

California Lawmakers Approve Legislation to Ban Deepfakes, Regulate AI

Sep 4 2024 // California lawmakers approved a host of proposals aiming to regulate the artificial intelligence industry, combat deepfakes and protect workers from exploitation by the rapidly evolving technology.The California...

California Advances Landmark Legislation to Regulate Large AI Models

Aug 30 2024 // Efforts in California to establish first-in-the-nation safety measures for the largest artificial intelligence systems cleared an important vote this week that could pave the way for U.S. regulations on the technology...

Texas Lawmakers Consider Regulations to Address Risks of Artificial Intelligence

Aug 28 2024 // A group of state lawmakers began wading through the complex world of artificial intelligence Tuesday, providing an early glimpse at how Texas may seek to regulate the booming technology.During a nearly four-hour hearing,...

Louisiana Insurers Required to Submit Hurricane Season Data by Aug. 30 Deadline

Aug 26 2024 // Insurers in Louisiana have until Friday, Aug. 30 to compete a data call relating to property and casualty homeowners’ insurance policies and commercial lines property policies during the 2024 hurricane...

Authors’ Class Action Targets AI Company Anthropic for Copyright Infringement

Aug 23 2024 // Artificial intelligence company Anthropic has been hit with a class-action lawsuit in California federal court by three authors who say it misused their books and hundreds of thousands of others to train its AI-powered...

Big Tech Wants AI to Be Regulated. Why Do They Oppose a California AI Bill?

Aug 22 2024 // California legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial intelligence is developed and deployed in California even as a number of tech giants have voiced broad...

Michigan DIFS Bulletin Issues Guidance on AI Use in Insurance Industry

Aug 19 2024 // The Michigan Department of Insurance and Financial Services (DIFS) released a bulletin this month addressing the growing use of artificial intelligence in the insurance industry. The bulletin clarifies DIFS’...

McKinsey Sees AI Surge Boosting Consulting Amid Industry Slump

Aug 15 2024 // McKinsey & Co. is seeing an increase in the number of clients seeking artificial intelligence-linked projects, as faster adoption of the technology helps the consulting titan and its peers boost revenue following a...

Texas Sues GM for Allegedly Collecting Drivers’ Data, Then Selling it to Insurers

Aug 14 2024 // General Motors GM.N has been sued by the state of Texas, which accused the automaker of installing technology on more than 14 million vehicles to collect data about drivers, which it then sold to insurers and other...

UK Cyber Spies Plan AI ‘Lab’ to Counter Hostile State Threats

Aug 13 2024 // UK spies are stepping up efforts to tackle cyber and artificial intelligence threats from hostile foreign states, including the sort of online manipulation that helped foment rioting across the country in the past 10...

Hurricane/Tropical Storm Debby Should be Manageable for Insurers, Early Data Show

Aug 9 2024 // Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers.“Early assessments suggest wind-related...

Introducing CognilinkClaims: Sutherland’s Latest AI Breakthrough in Insurance Claims Management

Aug 8 2024 // Pittsford, NY. August 8, 2024 — Sutherland is excited to introduce CognilinkClaims, an innovative AI-powered solution that integrates Classic AI and Generative AI capabilities to redefine and streamline the entire...

Viewpoint: Generative AI in Insurance Isn’t Working

Aug 7 2024 // The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of the European Insurance Industry 2024, insurance firms are actively engaged in generative AI...

Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims

Aug 5 2024 // A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says...

Behind the Development of the AI Marketing Toolkit

Aug 5 2024 // In today’s fast-paced insurance market where time is more precious than ever, the ability to streamline operations and offload routine tasks is invaluable. Communication and relationships remain at the heart of what...

AI Startup Suno Says Music Industry Suit Aims to Stifle Competition

Aug 2 2024 // AI music startup Suno is pushing back against the world’s biggest record labels, saying in a court filing that a lawsuit they filed against the company aims to stifle competition.In a filing Thursday in federal court...

New York City Turns to AI-Powered Scanners to Keep Guns Out of Subway

Jul 31 2024 // New York City is turning to AI-powered scanners in a new bid to keep guns out of its subway system, but the pilot program launched Friday is already being met with skepticism from riders and the threat of a lawsuit from...

Harnessing the Power of AI: Revolutionizing Insurance

Jul 30 2024 // This post is part of a series sponsored by Dyad.In the dynamic world of insurance, staying ahead of the curve is paramount. With the advent of Artificial Intelligence (AI), players in insurance are experiencing a...