Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
NAIC Releases Highly Anticipated Draft Model Bulletin on Insurers’ AI Use
Jul 28 2023 // On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released for comment a highly anticipated model bulletin (Model Bulletin) on...
Washington Physicians’ Insurer Issues Notice of Data Privacy Incident
Jul 27 2023 // Physicians Insurance A Mutual Company reported a security incident affecting the personal information for some third-party contractors and the health information for some of its insureds’ patients. “Although we...
SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal
Jul 26 2023 // Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend...
Delaware Takes Fight Against IRS Over Captive Insurers’ Data to Supreme Court
Jul 25 2023 // The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers. This fight has placed Delaware’s state regulation of...
Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Jul 18 2023 // Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors...
HCA Data Leak Affects 11 Million; Class Action Says 9 Million Hit by Dental Insurer Breach
Jul 12 2023 // Nashville-based HCAHealthcare, the largest for-profit operator of hospitals and clinics in the U.S., said that patient information had been leaked to an online forum. The breach leaked data for as many as 11 million...
Artificial Weatherman? AI Could Better Predict Hurricanes, Research Paper Says
Jul 10 2023 // Artificial Intelligence may be the key to more accurate and more timely hurricane predictions, China-based researchers have reported in the scientific journal Nature. In two papers in the journal, the researchers,...
Law Firms Are Recruiting More AI Experts as Clients Demand ‘More for Less’
Jul 5 2023 // Chatbots, data scientists, software engineers. As clients demand more for less, law firms are hiring growing numbers of staff who’ve studied technology not tort law to try and stand out from their rivals. Law firms...
Is Insurance Recruiting Being Impacted by Artificial Intelligence?
Jul 3 2023 // The movie Terminator 2 is the first thing that comes to mind when I hear about artificial intelligence. A universe where machines take over our daily lives seems so distant from my reality. Then I’m reminded that I...
ChatGPT Creator OpenAI Sued for Theft of Private Data in ‘AI Arms Race’
Jun 29 2023 // ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit...
Data for Insurance Discounts? Consumers Say No Thanks
Jun 29 2023 // Newswise — Insurance companies have encouraged consumers to reduce their premiums by using monitoring technology for 25 years now, but consumers have been slow to embrace the idea. First introduced in 1998, the...
‘Comprehensive Legislation’ Needed to Address AI, Senator Schumer Says
Jun 21 2023 // U.S. Senate Majority Chuck Schumer on Wednesday will call for “comprehensive legislation” to advance and ensure safeguards on artificial intelligence (AI). Governments around the world are considering how to...
States Are Rushing to Regulate Deepfakes as AI Goes Mainstream
Jun 21 2023 // Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood actresses and internet influencers. A photo of an explosion at the...
Data on California Private Self-Insureds’ 2022 Workers’ Comp Claim Experience
Jun 20 2023 // California workers’ compensation private self-insured claim frequency rose 6% last year as both medical-only and indemnity claim volume increased, but a new report suggests that many of the claims may have been...
EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
Jun 19 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...
Bipartisan Bill Would End Section 230 Immunity for Generative AI
Jun 15 2023 // Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence. The law would open the door for lawsuits to...
Britain to Host First Global Summit on Artificial Intelligence Safety
Jun 8 2023 // The United Kingdom will host a global summit on artificial intelligence safety this autumn, the British government said on Wednesday, adding Prime Minister Rishi Sunak and U.S. President Joe Biden will also discuss the...
Industry Alliance Outlines Key Liability Risk Considerations in Insuring AI
Jun 6 2023 // Artificial intelligence and its uses are a hot topic these days. Some benefits of AI include efficiency in time and resources, but what happens when an AI-related error or failure occurs? Liability insurance relating to...
Top AI CEOs, Experts Raise ‘Risk of Extinction’ From AI
May 31 2023 // Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI,” which they urged policymakers to equate at par...
EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
May 26 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...
