Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Maryland Governor Signs Order on AI Use, Creates Cybersecurity Task Force
Jan 10 2024 // Maryland Gov. Wes Moore on Monday announced a starting point for addressing the use of artificial intelligence in state government, as well as efforts to bolster cybersecurity. The governor signed an executive order that...
Microsoft, OpenAI Hit With New Lawsuit by Authors Over AI Training
Jan 8 2024 // OpenAI and its financial backer Microsoft were sued on Friday in Manhattan federal court by a pair of nonfiction authors who say the companies misused their work to train the artificial-intelligence models behind the...
Questions on AI, Budget Deficit, Gun Owners Liability Await California Lawmakers
Jan 4 2024 // California lawmakers returned to work this week for the start of an election-year legislative session dominated by decisions on artificial intelligence and the state`s struggling budget. The budget is a big issue every...
FTC Streamlines Probes Related to Artificial Intelligence
Dec 22 2023 // Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday. The move, along with...
Rite Aid Banned From AI Facial Recognition by FTC After Misuse
Dec 21 2023 // Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with the US Federal Trade Commission, which said the pharmacy chain misused the technology to mistakenly tag...
Artificial Intelligence Can’t Be Named as Inventor for Patents: UK Top Court
Dec 20 2023 // Artificial intelligence programs can’t be named as an inventor for patents, the UK’s top court said in a crucial ruling that’s in line with decisions in the US and the European Union refusing to put...
Cannabis Insurance Specialists See Optimism in 2024 Data, Planning for Growth and More Capacity
Dec 15 2023 // From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the...
Here’s What’s Next for the EU’s Landmark Artificial Intelligence Act
Dec 15 2023 // European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rules aimed at establishing guardrails for the rapid development of AI and setting a global standard in technology...
US Regulators Add Artificial Intelligence to Potential Financial System Risks
Dec 15 2023 // Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not properly supervised, a panel of regulators warned on Thursday. The Financial Stability Oversight...
Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door
Dec 14 2023 // While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with...
Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More
Dec 13 2023 // While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to...
Meta Used Copyrighted Books for AI Training Despite Lawyers’ Warnings, Say Authors
Dec 13 2023 // Meta Platforms’ lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according to a new filing in a copyright infringement lawsuit...
Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI
Dec 12 2023 // Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry. The collaboration combines Hiscox London...
Microsoft Agrees to Union Contract Terms Governing Its Use of AI
Dec 11 2023 // Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology. As part of negotiations with the...
New York Fines Dental Insurer $400K Over Data Breach
Dec 11 2023 // New York Attorney General Letitia James today secured $400,000 from dental insurance provider Healthplex, Inc. for failing to properly protect the personal and medical information of New Yorkers. Healthplex, a Long...
European Union Agrees Landmark Deal Governing Use of Artificial Intelligence
Dec 11 2023 // Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments’ use of AI in biometric surveillance and how to regulate AI systems such...
London’s Insurance, Finance Workers to See Biggest AI Impact: UK Report
Nov 29 2023 // Management consultants and City of London finance workers are among those most exposed to workplace changes ushered in by artificial intelligence, a new UK government report found, urging changes in schools and training...
Title Insurer to Pay New York $1 Million Penalty Over 2019 Data Breach
Nov 28 2023 // The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming...
US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’
Nov 28 2023 // The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue...
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
Nov 15 2023 // AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today, the credit rating agency wrote that “it is too soon to cite AI as the leading...
