Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
AI in Connected Cars Can Ease Rush Hour Congestion, Vanderbilt Research Shows
Nov 28 2022 // As millions of people travel the interstates this Thanksgiving, many will encounter patches of traffic at a standstill for no apparent reason – no construction or accident. Researchers say the problem is you. Human...
NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers
Nov 23 2022 // In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over a proposal to collect data on climate-related risks from...
Who Owns Your Insurance Data?
Nov 23 2022 // This post is part of a series sponsored by AgentSync. When you implement a new tech solution, you assume you own, and can easily access, your data from within said system. This isn’t necessarily the case. Read the...
Could Blockchain Make Data Integration a Reality for Insurers?
Nov 17 2022 // When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open...
AI-Powered Claims Specialist omni:us Closes €12M Financing Round
Nov 15 2022 // omni:us, the Berlin-based provider of artificial intelligence-powered insurance claims automation, has closed its €12 million ($12.4 million) Series A+ expansion financing round with W&W subsidiary Württembergische...
AI Algorithms, Strict Place-of-Work Rules Potential Trouble Spots for Employment Claims
Nov 15 2022 // SAN DIEGO — Technological innovations and changing work arrangements brought on by the COVID-19 pandemic are among some of the emerging issues that can make employers vulnerable to discrimination lawsuits, a top...
Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace
Nov 10 2022 // Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language...
Data Stolen From Australian Health Insurer Medibank Posted on Dark Web
Nov 9 2022 // Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. The files appear to be a sample of the data that...
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...
