Latest Artificial Intelligence Headlines
All the headlines from our Artificial Intelligence Topic Page, ordered by recency.
Verisk Using AI to Gain Underwriting Insights From Yelp Reviews of Small Businesses
Oct 8 2021 // Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million reviews on Yelp, the company...
Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI
Sep 22 2021 // Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor claims efficiencies with real-time damage assessment and...
Brit Launches Machine Learning Algorithm to Accelerate Catastrophe Claims Response
Sep 21 2021 // Brit Ltd., the London-based specialty insurer and reinsurer, announced the creation and successful proof-of-concept launch of a proprietary machine-learning algorithm, designed to accelerate the identification of...
Ford, Walmart and Self-Driving Startup Argo AI to Launch Autonomous Vehicle Delivery
Sep 20 2021 // Self-driving startup Argo AI, automaker Ford Motor Co. and Walmart Inc. will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday [Sept. 15]. Initial...
INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI
Sep 8 2021 // In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client’s idea after weeks of internal discussions,...
Ford, Lyft, Argo AI Collaborate to Offer Robotaxi Service in Cities
Jul 21 2021 // Self-driving startup Argo AI, carmaker Ford Motor Co. and ride-hail company Lyft Inc. on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin. The service is expected to launch in...
California OKs Farmers and Zesty.ai Wildfire Risk Assessments, Will Bring 30K New Homeowners Policies
Jun 16 2021 // California regulators have approved a plan by Farmers Insurance to assess wildfire risk by using a tool that combines artificial intelligence with high-resolution aerial photography. The carrier said the Z-Fire risk...
First U.S. Artificial Intelligence Czar Seeks ‘Responsible Use’ of AI Tools
Jun 8 2021 // Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning up after a nuclear disaster, waxing floors or pulling barnacles off a ship. Her...
EU Announces Tough Draft Rules on Use of Artificial Intelligence
Apr 22 2021 // BRUSSELS – The European Commission on Wednesday announced tough draft rules on the use of artificial intelligence, including a ban on most surveillance, in an attempt to set global standards for a key technology...
EU Set to Ban Artificial Intelligence Used for Mass Surveillance, Ranking Social Behavior
Apr 15 2021 // The European Union is poised to ban artificial intelligence (AI) systems used for mass surveillance or for ranking social behavior, while companies developing AI could face fines as high as 4% of global revenue if they...
California County Adding Artificial Intelligence for Wildfires
Mar 23 2021 // Sonoma County officials say they will add artificial intelligence technology to help fight wildfires with a 24-7 monitor to track fire outbreaks. The technology will be added to the county’s network of wildfire...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
Feb 26 2021 // A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, with a new regional...
Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities
Feb 10 2021 // The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of...
AI Startup that Uses AI and Partners with Re/insurers, Now Is Seeking Canadian IPO
Feb 10 2021 // Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about C$100 million ($79 million) in an initial public offering to strengthen its finances and repay...
Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks
Feb 8 2021 // A machine learning algorithm may give organizations a powerful and cost-effective tool for defending against attacks on vulnerable computer networks and cyber-infrastructure, often called zero-day attacks, according to...
Amazon Plans Cameras with AI in Its Delivery Vans to Improve Driver Safety
Feb 5 2021 // Amazon.com has revealed plans to install AI-powered video cameras in its branded delivery vans, in a move that the world’s largest e-commerce firm says would improve safety of both drivers and the communities in...
Insurance Déjà Vu: Vaccines, AI, Litigation, Recession Made Headlines 10 Years Ago
Feb 1 2021 // How much have things changed for the insurance industry in the past decade? Judging by feature headlines from Insurance Journal published in February 2011, many of the issues and themes talked about then are again, or...
European Researchers Turn to AI to Build Better Weather Data
Jan 26 2021 // European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European Centre for Medium-Range...
Viewpoint: Cyber Insurance Policies Are Challenging to Underwrite. AI Can Help.
Jan 20 2021 // Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber...
Startup Loop Wins Funding for Fairer Auto Insurance Rating Model That Uses AI
Jan 19 2021 // Loop, a managing general agency focused on building an auto insurance model that does not utilize credit scores and ZIP codes, announced the close of a $3.25 million seed round last week. Freestyle.VC led the funding...
