Latest Data Driven Headlines

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

Newspapers Sue OpenAI for Copyright Infringement Over AI Training

May 1 2024 // A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft and OpenAI in New York federal court on Tuesday, accusing them of misusing reporters’ work to train their generative...

Connecticut Weighs Wide-Ranging Bill to Regulate AI. But Its Fate Is Uncertain.

May 1 2024 // The Connecticut Senate recently pressed ahead with one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured...

The Role of Artificial Intelligence Across the Property Insurance Ecosphere

Apr 25 2024 // This post is part of a series sponsored by CoreLogic.Over the last couple of years, Artificial Intelligence (AI) has changed how everyone lives, works, and plays. More than just a trend, AI is the ability of a machine,...

CEO Viewpoint: Unlocking the Potential of Generative AI in Insurance

Apr 24 2024 // Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize innovation, cut costs and improve the customer experience.Generative AI (or...

Massachusetts AG Warns AI Systems Subject to Consumer Protection, Anti-Bias Laws

Apr 19 2024 // Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the Massachusetts attorney general cautioned Tuesday.In an...

National Alliance for Insurance Education & Research Launches AlliBot: An AI Knowledge Bot for Risk & Insurance Professionals

Apr 18 2024 // Austin, TX., April 18, 2024 — The National Alliance for Insurance Education & Research is thrilled to announce the launch of AlliBot v2.0, the Artificial Intelligence Knowledge Bot built exclusively for the risk...

D&O Risks to Consider When Exploring the New Frontier of Gen AI

Apr 15 2024 // Is the world being overtaken by robots? While the answer to that question is clearly “no” – or at least, “not yet” – it seems that the focus of nearly every industry and business media outlet is...

Tech Update: Sayata Risk Engine Flags High-Risk Accounts With AI; Canopy Connect and Hawksoft Launch Integration to Eliminate Data Entry for Agents

Apr 11 2024 // Sayata Unveils AI-Powered Risk Engine That Flags High-Risk AccountsSayata has launched the Sayata Risk Engine, an AI-powered platform that uses sophisticated AI to flag specific high-risk accounts expected to drive up loss...

More Data Show All Trends Pointing in Right Direction for Florida Insurers

Apr 10 2024 // Policyholder surplus increased significantly, direct premium written jumped, and combined ratio has fallen for Florida-focused property insurance carriers in 2023, according to a Gallagher Re report released this week.The...

Pennsylvania Issues Its ‘Expectations’ for Insurance Carriers Regarding Their Use of AI

Apr 10 2024 // Pennsylvania has issued guidance for insurance companies’ use of artificial intelligence systems (AIS) based on a model adopted by the National Association of Insurance Commissioners (NAIC).The Pennsylvania Insurance...

US, Britain Announce Partnership on Artificial Intelligence Safety, Testing

Apr 2 2024 // The United States and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions.Commerce Secretary Gina Raimondo and...

Viewpoint: AI Is Changing the Cyber Risk Landscape

Apr 1 2024 // Innovation is at the heart of the human experience, with a constant stream of new ideas and inventions changing the way we conduct business. But seismic shifts in technology don’t come all at once, or even at a...

Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?

Apr 1 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...

UK Stands to Lose 8 Million Jobs From AI, Analysis Warns

Mar 27 2024 // As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned.AI already impacts 11% of tasks done by UK staff,...

SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’

Mar 21 2024 // The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.”The firms, Delphia Inc. and Global Predictions Inc, will pay a total of...

Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?

Mar 19 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...

Central Bankers Use AI to Assess Climate-Related Risks

Mar 19 2024 // Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other companies...

3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety

Mar 18 2024 // Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of...

Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates

Mar 15 2024 // Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers?A south Florida man says indeed, they do, and has filed a proposed class-action lawsuit...

Nvidia Is Sued by Authors Over AI Use of Copyrighted Works

Mar 12 2024 // Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform.Brian Keene, Abdi Nazemian and Stewart O’Nan...