Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety
Feb 23 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...
Workers’ Comp Rating Bureau Working on 2024 NAIC Terrorism Risk Insurance Data Call
Feb 23 2024 // The Workers’ Compensation Insurance Rating Bureau plans to submit to the National Association of Insurance Commissioners (NAIC) insurer-specific California workers’ comp terrorism exposure data, including...
‘AI Godfather’, Others Urge More Deepfake Regulation in Open Letter
Feb 21 2024 // Artificial intelligence experts and industry executives, including one of the technology’s trailblazers Yoshua Bengio, have signed an open letter calling for more regulation around the creation of deepfakes, citing...
Despite Deepfake and Bias Risks, AI Is Still Useful in Finance, Firms Told
Feb 15 2024 // A bank uses biased artificial intelligence outputs in a mortgage lending decision. An insurance firm’s AI produces racially homogeneous advertising images. Users of an AI system complain about a bad experience. These...
Microsoft Says it Caught Hackers From China, Russia and Iran Using its AI Tools
Feb 15 2024 // State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday. Microsoft said in its report...
Nearly 75% of Employers Don’t Have AI Protocols for Internal Communications: Study
Feb 13 2024 // Despite organizations’ increased adoption of artificial intelligence (AI), 71% don’t provide internal guidance on when, where or how to use the technology, according to Gallagher’s 2023/24 State of the...
EU Lawmakers Ratify Provisional Deal on Artificial Intelligence Rules
Feb 13 2024 // Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for...
What’s to Come in 2024: AI Expansion, More Catastrophes, Network Consolidation
Feb 13 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their...
People Moves: Burnham Benefits Names Foderaro Managing Director; Mercury Insurance Names Zhang Chief Data Analytics Officer
Feb 13 2024 // Burnham Benefits Names Foderaro Managing Director Burnham Benefits Insurance Services, headquartered in Irvine, California, named William Foderaro as managing director. Foderaro has more than 20 years of experience in the...
Top AI Companies Join Government Effort to Set Safety Standards
Feb 9 2024 // The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it’s deployed safely and responsibly, the Commerce...
Report: Top AI Trends for Insurers in 2024 Include Claims, Other Insurance Processes
Feb 5 2024 // Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a new report examining the industry and how it’s using AI shows. The report from...
What’s to Come in 2024: Hard Market, AI Expansion, More Catastrophes, Network Consolidation
Feb 5 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal asked industry thought leaders their predictions for the...
France Now Backing EU AI Rules Ahead of Bloc Endorsement
Feb 2 2024 // France is now backing landmark European Union rules governing artificial intelligence subject to strict conditions, an EU diplomatic source said on Friday, after sources had previously said it was the last holdout in the...
AI-Driven Insurance Platform Indemn Raises $1.9 Million
Feb 1 2024 // New York-based Insurtech platform Indemn announced it has closed a $1.9 million pre-seed funding round. The round was led by venture capital firm Markd, with participation from Afterwork Ventures, Everywhere Ventures, and...
White House AI Council Meets as Legislative Action Stalls
Jan 29 2024 // The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that aims to reduce the risks AI poses. White House Deputy Chief of Staff Bruce Reed, who...
Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk
Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...
Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B
Jan 26 2024 // Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement...
New York Proposes Guidance Governing Insurers’ Use of AI
Jan 17 2024 // New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing. A circular letter from...
Tennessee Launches Effort to Protect Songwriters and Singers from AI Mimickry
Jan 12 2024 // NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee on Wednesday unveiled new legislation designed to protect songwriters, performers and other music industry professionals against the potential dangers of artificial...
China Orders Banks, Insurers to Review Cyber and Data Security
Jan 11 2024 // China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and data...
