Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Rhode Island Bus Service, Health Insurer Sued Over Data Breach
Oct 27 2022 // Two people whose personal information was compromised in a data breach at Rhode Island’s public bus service that affected about 22,000 people sued the agency and a health insurer this week seeking monetary damages...
Australia’s No. 1 Health Insurer Confirms Massive Data Breach, Theft of Patient Details
Oct 20 2022 // Australia’s biggest health insurer said on Thursday a criminal had apparently stolen customers’ medical information as part of a massive breach of data, fueling concern about a wave of high-profile cyber...
Australian Insurer Medibank Says Hackers Claim to Have Stolen Customer Data
Oct 19 2022 // Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed to have retrieved from the health insurer’s IT systems. The news comes six...
U.S. Treasury Proposes Climate Data Collection Rule for P/C Insurers
Oct 18 2022 // U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions in a new push to beef up financial regulation to...
U.S. Consumers Value Data Privacy Over Savings in Home, Auto Insurance: Policygenius
Oct 6 2022 // Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found that 68% of U.S. consumers...
EU Draft Rules Would Make It Easier to Sue Drone Makers, AI Systems
Sep 28 2022 // Individuals and companies that suffer harm from drones, robots and other products or services equipped with artificial intelligence software will find it easier to sue for compensation under EU draft rules seen by...
Insurance Program Data Optimization and Integration … Staying Ahead of the Curve
Sep 16 2022 // This post is part of a series sponsored by IAT Insurance Group. Data is both a gift and a curse. Across all industries, companies have more information at their fingertips than ever before. Yet not all organizations have...
Catch 2022: Law Requires Fla. Insurers to Report Plaintiff Legal Fees, But Data Not There
Aug 8 2022 // At a recent workshop held by the Florida Office of Insurance Regulation, a claims specialist for USAA summed up the conundrum that property insurers are about to face when asked to report the other side’s legal fees...
Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem
Aug 4 2022 // The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias and discrimination. The bulletin acknowledged allegations of bias and discrimination...
The Rising Value of Flexibility in Life, Work and AI
Aug 1 2022 // Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We’ve had to swim upstream to...
Program Data Insurtech Noldor Raises $10M
Jul 18 2022 // New York-based Noldor, said it recently closed on a $10 million seed funding round from a group of well-established insurance investors. According to CEO John Horneff, Noldor’s seed funding positions the company for...
Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data
Jul 5 2022 // Betterview Analytics Now Offered via OneShield Property data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property...
Business Moves: Sandbox Invests in Florida Insurance Data Firm Confianza
Jun 27 2022 // Florida-based Confianza Inc., which provides data analytics and machine learning to insurance agents, announced that it had closed its round of seed funding, with most of the capital coming from Sandbox Insurtech...
Carnival Cruise Pays $5M, Gives Up Insurance Licenses in New York Over Data Breach
Jun 24 2022 // New York’s financial services regulator has fined Carnival Corp. $5 million for violations of the state’s cybersecurity regulations that the state says caused four cyber breaches and the exposure of personal...
Insurance Technology: BirdsEyeView Wins Funds for Parametric Cover; Audatex Adds Live Car Valuation Data
Jun 22 2022 // Parametric Insurtech startup BirdsEyeView has closed a seed funding round for an undisclosed amount led by SFC Capital, with the funds matched by the European Space Agency (ESA). BirdsEyeView uses satellite data to...
Hey Siri, What’s Next for AI and Robotics in Insurance?
Jun 22 2022 // Powered by InsuranceJournal.tv A lot has changed in the world of automation since Apple first launched its virtual assistant, Siri, on October 4, 2011. It’s a date that musician, actress, and public speaker, Susan...
Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability
Jun 17 2022 // The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according to the awards’...
Insurance Technology: Flood Data From Arturo and ICEYE; Weather Intelligence From Verisk; Home Valuations from CAPE Analytics
Jun 2 2022 // Arturo and ICEYE Offer Near Real-Time Flood, Property Damage Insights Property analytics firm Arturo and sensor data provider ICEYE hope to change what’s possible with insurance response to flood events....
Texas Dept. of Insurance Security Issue Exposed Data for Nearly 3 Years
May 24 2022 // A data breach at the Texas Department of Insurance (TDI) exposed confidential information of 1.8 million Texans for nearly three years, according to a brief from the Texas State Auditor’s Office (SAO). The audit...
Munich Re Launches Validation Service for Artificial Intelligence Systems
May 18 2022 // Munich Re is aiming to enhance acceptance of artificial intelligence (AI) with its new CertAI validation service, which provides objective validation that AI systems are trustworthy. Companies from a variety of industries...
