Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
AI Safety Is Hard to Steer With Science in Flux, US Official Says
Dec 11 2024 // Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers themselves are grappling with how to prevent abuse of novel systems,...
Trump Names David Sacks as White House AI and Crypto Czar
Dec 6 2024 // Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent...
Viewpoint: Artificial Intelligence Faces New Era of Regulatory Oversight
Dec 4 2024 // Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much, and the keen adopters likely will be rewarded – but it’s a path that must be navigated...
AI Used for Good and Bad — Like Making Trickier Malware, Says Report
Nov 26 2024 // While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data and assess risk, malicious actors use the same tech to disrupt business and profit from...
Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement
Nov 25 2024 // Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her...
Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers
Nov 22 2024 // Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks after it released reports contending that some of Florida’s largest property...
Bank of Japan Governor Warns AI Could Bring New Financial Stability Risks
Nov 21 2024 // Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability. “As...
Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip
Nov 20 2024 // This post is part of a series sponsored by AgentSync. Data is at the core of the insurance industry. From the smallest independent agencies to the largest legacy carriers, insurance organizations of all sizes house data....
AI Weather Models Have Shown Promise This Hurricane Season
Nov 19 2024 // When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the tech company’s artificial intelligence unit, saw something other models missed....
AI Revolution in Insurance: Opportunities and Legal Pitfalls
Nov 18 2024 // The insurance industry is in the midst of a digital revolution, with artificial intelligence (AI) at the heart of it. From streamlining claims processing to creating personalized policies, AI has quickly become a vital...
Oklahoma Insurance Commissioner Issues Bulletin on Use of AI
Nov 15 2024 // Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence. The bulletin, which was adopted by the National Association of Insurance...
FTC’s Holyoak Concerned AI Collecting Children’s Data
Nov 15 2024 // U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger users, amid privacy and safety concerns. Holyoak, one...
AI Thermostats Pitched for Texas Homes to Relieve Stressed Grid
Nov 8 2024 // Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid. Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute...
Viewpoint: Are You Covered for AI Risks?
Nov 8 2024 // You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless...
AI Weapons Scanners in NYC Subway Found Zero Guns in Month Test
Oct 30 2024 // A pilot program testing AI-powered weapons scanners inside some New York City subway stations this summer did not detect any passengers with firearms — but falsely alerted more than 100 times, according to newly released...
Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes
Oct 29 2024 // Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people...
AI Chatbot Pushed Florida Teen to Suicide, Lawsuit Against Its Creator Alleges
Oct 29 2024 // In the final moments before he took his own life, 14-year-old Sewell Setzer III took out his phone and messaged the chatbot that had become his closest friend. For months, Sewell had become increasingly isolated from his...
Parents of Student Disciplined for Using AI Sue School
Oct 25 2024 // The parents of a high school senior in Massachusetts argued in federal court in Boston on Tuesday that their son was unfairly punished for using artificial intelligence while researching a history project, harming his...
AI Push Sees Italy’s Intesa Axing 9,000 Jobs in ‘Generational’ Shift
Oct 24 2024 // Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of artificial intelligence, demonstrating how much the technology is impacting workers across the financial...
SEC to Increase Scrutiny of AI Tools Used by Financial Brokers, Advisers
Oct 22 2024 // The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year, the latest sign of regulators’ growing concerns about the emerging...
