Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Optimizing Agency Relationships: A Data-Driven Approach to Premium Growth
May 22 2023 // The reported demise of the independent insurance agency as a sales and distribution channel has been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer...
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,...
World’s Governments Race to Regulate AI Tools
May 12 2023 // Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the technology. Here are the latest steps...
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...
Legislation to Govern AI Takes Another Step in Europe
May 11 2023 // European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European...
AI, Ransomware, Tech Burnout Biggest Takeaways from RIMS’ Riskworld
May 10 2023 // Powered by InsuranceJournal.tv The 2023 RIMS’ Riskworld conference took place last week in Atlanta, and on this episode of The Insuring Cyber Podcast, two guests shared the biggest takeaways from the conference this...
AI Pioneer Says its Threat to World May Be ‘More Urgent’ Than Climate Change
May 8 2023 // Artificial intelligence could pose a “more urgent” threat to humanity than climate change, AI pioneer Geoffrey Hinton told Reuters in an interview on Friday. Geoffrey Hinton, widely known as one of the...
How AI Could Revolutionize Healthcare – and Risks to Consider
May 8 2023 // Not a day goes by that a new way to use artificial intelligence (AI) fails to make the daily headlines. AI-powered tools seem to be making their mark on every business sector, including the healthcare industry. AI...
Insurer Group Concerned Over FIO Climate-Related Data Collection Effort
May 4 2023 // The National Association of Mutual Insurance Companies is airing concerns over what the group calls a “duplicative data call” issued by the Federal Insurance Office on climate change. The concerns are being...
Informed Decisions, Better Experiences: Realizing Data-Driven Efficiencies with SubmissionIQ
May 2 2023 // This post is part of a series sponsored by Insurance Quantified. Perspectives from the Underwriting Desk Samantha Cowley, Director of Underwriting Operations at the International Transportation & Marine Agency (ITMA),...
G-7 Nations Should Adopt ‘Risk-Based’ Regulation on Artificial Intelligence: Ministers
May 1 2023 // Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on...
Supreme Court YouTube Decision Could Shape Protections for ChatGPT and AI
Apr 25 2023 // When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial...
Google’s Rush to Win in AI Led to Ethical Lapses, Employees Say
Apr 20 2023 // Shortly before Google introduced Bard, its AI chatbot, to the public in March, it asked employees to test the tool. One worker’s conclusion: Bard was “a pathological liar,” according to screenshots of the...
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...