Best Read InsurTech Headlines
Headlines from our InsurTech Topic Page with the most time spent reading.
#1 Tech Startups in US, France, Germany Help in Fight Against Wildfires
Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his...
#2 Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
Sep 22 2023 // Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. The...
#3 Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says
Sep 20 2023 // A New York startup company said it is now offering a platform that will make it easier for homebuyers to assume a mortgage from the seller, potentially saving buyers significantly over current interest rates. Roam, as...
#4 Thomson Reuters AI Copyright Dispute Must Go to Trial, Judge Says
Sep 26 2023 // A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial...
#5 Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition
May 16 2023 // Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance claims experienced by policyholders in 2022, according to a new report from...
#6 States Are Rushing to Regulate Deepfakes as AI Goes Mainstream
Jun 21 2023 // Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood actresses and internet influencers. A photo of an explosion at the...
#7 ChatGPT Creator OpenAI Sued for Theft of Private Data in ‘AI Arms Race’
Jun 29 2023 // ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit...
#8 EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
May 26 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...
#9 White House Takes New Steps to Study AI Risks, Determine Impact on Workers
May 24 2023 // The White House said on Tuesday it would ask workers how their employers use artificial intelligence (AI) to monitor them, as it allocates federal investments in the technology, which is expected to change the nature of...
#10 People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the...
#11 Hackers Aim to Find Flaws in AI
May 12 2023 // No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot – trying to override its safeguards so it could blurt out something unhinged or obscene. But now...
#12 Top AI CEOs, Experts Raise ‘Risk of Extinction’ From AI
May 31 2023 // Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI,” which they urged policymakers to equate at par...
#13 How Much Should Insurers Trust AI Chatbots?
May 24 2023 // Powered by InsuranceJournal.tv Whether it’s underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm...
#14 Insurtech Root Says it Has No ‘Actionable’ Bid
Jun 30 2023 // Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued following reports Root had received a bid from Embedded Insurance. The Columbus,...
#15 Tech Firm Behind Kentucky School Bus Route Snafu Had Problems in Ohio
Aug 17 2023 // LOUISVILLE, Ky. (AP) — The company behind a disastrous change to a Kentucky city`s school bus routes that resulted in more than a week of canceled classes had similar problems in two cities in neighboring Ohio last...
#16 Washington Is Determined to Govern AI, but How?
May 15 2023 // U.S. lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington’s attention, consensus is far from certain. Interviews with a U.S. senator,...
#17 Microsoft Chief Says Deep Fakes are Biggest AI Concern
May 26 2023 // Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best...
#18 Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round
May 17 2023 // Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its technology available to other insurers. JPMorgan Chase & Co. and Barclays Plc provided half the...
#19 Bill Gates-Backed Florida Startup Aims to Turn Oil-Drilling Gas into Useful Methanol
Oct 3 2023 // (Bloomberg) — Semi trailer-sized machines could provide a unique solution to a major source of the fossil fuel industry’s methane problem. Rather than flaring or venting the planet-warming gas into the...
#20 Visual Artists Fight Back Against AI Companies for Repurposing Their Work
Sep 1 2023 // Kelly McKernan’s acrylic and watercolor paintings are bold and vibrant, often featuring feminine figures rendered in bright greens, blues, pinks and purples. The style, in the artist’s words, is “surreal,...
