Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
How Generative AI Could Steer Commercial Trucking Insurance in New Direction
Apr 17 2023 // Generative AI is the next big technology trend in just about every industry. But for such a people-centric industry, how will ChatGPT, DALL-E 2 and Bing AI truly impact the insurance sector? Just ask ChatGPT, as some...
Senate Leader Calls for AI Rules as ChatGPT Surges in Popularity
Apr 14 2023 // Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial intelligence to address national security and education concerns, as use of programs like ChatGPT becomes...
How Insurers Can Harness the Power of AI
Apr 12 2023 // Powered by InsuranceJournal.tv There is a lot of talk about the insurance industry being slower to adopt new technologies, such as artificial intelligence, but Counterpart CEO Tanner Hackett and Socotra CEO Dan Woods both...
The Importance of Timely, Accurate Data in Commercial Insurance
Apr 11 2023 // This post is part of a series sponsored by Insurance Quantified. Perspectives from an Insurance Executive David Daniels, EVP, Director of Product Development & Innovation at MiniCo Insurance Agency, a Jencap Company...
AI ‘Trustworthiness’ Is Focal Point of New Government Inquiry
Apr 11 2023 // A US Commerce Department agency is opening an inquiry into how companies and regulators can ensure that artificial intelligence systems are trustworthy, legal and ethical. The probe by the National Telecommunications and...
Viewpoint: Optimizing Agency Relationships; A Data-Driven Approach to Premium Growth
Apr 10 2023 // Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models,...
Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products Are Safe
Apr 5 2023 // U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before...
The Underwriter’s Edge: Using Data & Technology to Discover What’s Possible in Commercial P&C Insurance
Apr 3 2023 // This post is part of a series sponsored by Insurance Quantified. Underwriting commercial P&C insurance is complex – each industry looks different, small businesses are different than medium-sized ones, and each...
Texas Department of Insurance Updates COVID Data Call Results
Mar 31 2023 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) updated COVID-19 workers’ compensation claims data, with insurance carriers reporting 98,000 COVID-19 claims and 468 fatalities through...
AI Leaders Urge Labs to Halt Training Models More Powerful Than ChatGPT-4
Mar 30 2023 // Artificial intelligence experts and industry leaders, including Elon Musk, University of California Berkeley computer science professor Stuart Russell and Apple Inc. co-founder Steve Wozniak, are calling on developers to...
3 Emerging Risks to Watch: Generative AI, Deceptive Design, Bidirectional EVs
Mar 20 2023 // Innovative technologies can be transformational for businesses, industries and our way of life, but they also represent risks. Advances in new areas of tech, such as artificial intelligence (AI), are creating unforeseen...
4 Ways AI Can Benefit the Insurance Industry
Mar 15 2023 // This post is part of a series sponsored by AgentSync. Advancements in technology have given new life to the slow, inefficient processes common in the insurance industry. While the influx in AI-operated systems has some...
U.S. Chamber of Commerce Calls for AI Regulation
Mar 13 2023 // The U.S. Chamber of Commerce on Thursday called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the business lobbying...
Spying, AI and Hacking, Oh My… 7 Agent Technology Trends to Watch in 2023
Mar 6 2023 // Technology is a double-edged sword that can drive fear as much as excitement for the future. Game-changing tech, though, allows us to make our imaginations a reality. Let’s take a spin down Future Lane to see what...
Hopeful Cannabis Sales Data an Encouraging Sign for Insurance Specialists
Feb 22 2023 // News has been rife with dreary tidings for the cannabis industry over the past year, but a surprisingly encouraging outlook has emerged among the persistent din of downward harbingers like a flower glut, investment funding...
People Moves: Swiss Re Promotes Ningen to CEO, US P&C Re; MS Reinsurance Hires 4 for Data, Underwriting; Aon Promotes Day, Dickson in Political Violence & Terrorism Team
Feb 22 2023 // This edition of International People Moves details appointments at Swiss Re, MS Reinsurance, and Aon. A summary of these new hires follows here. Swiss Re Promotes Ningen to CEO, US P&C Re Monica Ningen Monica Ningen...
Marketing Data Can Reduce AI Bias in the Insurance Industry
Feb 20 2023 // Just a decade ago, the idea that artificial intelligence (AI) might play a role in everyday insurance practices may have sounded far-fetched. As a legacy industry with longstanding ways of doing things, many insurers kept...
Insurers, Leasing Firms Push European Commission for Access to Valuable Vehicle Data
Feb 17 2023 // A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing further delays could see the...
Getty Images Lawsuit Says Stability AI Misused Photos to Train AI
Feb 7 2023 // Stock photo provider Getty Images has sued artificial intelligence company Stability AI Inc, accusing it in a lawsuit made public on Monday of misusing more than 12 million Getty photos to train its Stable Diffusion AI...
AI Tools Can Create New Images, but Who Is the Real Artist?
Feb 6 2023 // Countless artists have taken inspiration from “The Starry Night” since Vincent Van Gogh painted the swirling scene in 1889. Now artificial intelligence systems are doing the same, training themselves on a vast...
