Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
New York Regulator to Collect, Publish Insurer Diversity Data to Promote Transparency
Mar 16 2021 // The New York State Department of Financial Services (DFS) is calling on its regulated insurers to prioritize diversity of leadership and says it will begin collecting and publishing diversity data from insurers this year...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
Feb 26 2021 // A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, with a new regional...
AI Startup that Uses AI and Partners with Re/insurers, Now Is Seeking Canadian IPO
Feb 10 2021 // Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about C$100 million ($79 million) in an initial public offering to strengthen its finances and repay...
Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks
Feb 8 2021 // A machine learning algorithm may give organizations a powerful and cost-effective tool for defending against attacks on vulnerable computer networks and cyber-infrastructure, often called zero-day attacks, according to...
Consumers and Insurers’ Use of Personal Data
Feb 8 2021 // If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to share significant data on...
Amazon Plans Cameras with AI in Its Delivery Vans to Improve Driver Safety
Feb 5 2021 // Amazon.com has revealed plans to install AI-powered video cameras in its branded delivery vans, in a move that the world’s largest e-commerce firm says would improve safety of both drivers and the communities in...
Insurance Déjà Vu: Vaccines, AI, Litigation, Recession Made Headlines 10 Years Ago
Feb 1 2021 // How much have things changed for the insurance industry in the past decade? Judging by feature headlines from Insurance Journal published in February 2011, many of the issues and themes talked about then are again, or...
Consumers Open to Sharing Personal Data with Insurers But Worry About Data Security
Jan 26 2021 // If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to share significant data on...
European Researchers Turn to AI to Build Better Weather Data
Jan 26 2021 // European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European Centre for Medium-Range...
Viewpoint: Cyber Insurance Policies Are Challenging to Underwrite. AI Can Help.
Jan 20 2021 // Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber...
Texas Extends Workers’ Comp Insurer COVID-19 Data Call to June
Jan 19 2021 // The Texas Division of Workers’ Compensation (DWC) has extended until June 2021 its mandatory data call for information related to COVID-19 injuries reported to selected insurance carriers on or after Dec. 1,...
Startup Loop Wins Funding for Fairer Auto Insurance Rating Model That Uses AI
Jan 19 2021 // Loop, a managing general agency focused on building an auto insurance model that does not utilize credit scores and ZIP codes, announced the close of a $3.25 million seed round last week. Freestyle.VC led the funding...
Insurance Veterans Lead Confianza, Big Data Analytics Startup for Smaller Insurers
Jan 19 2021 // Two insurance industry veterans have launched Confianza, a new data analytics company focused on smaller insurers. One co-founder – Jeffrey Glazer – is a past chief executive officer of Activer Solutions and Insurity,...
Next Insurance Buys Data Firm Juniper Labs to Enhance Workers’ Compensation Offering
Dec 11 2020 // Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation...
AI Ethics Scholar’s Exit Adds to Google’s Employment Practices Woes
Dec 7 2020 // Prominent artificial intelligence scholar Timnit Gebru helped improve Google’s public image as a company that elevates Black computer scientists and questions harmful uses of AI technology. But internally, Gebru, a...
Workers’ Comp Insurance MGU Method Adapts Cutting Edge AI Solution to Streamline Underwriting
Dec 1 2020 // Nashville, TN, December 1, 2020 – Method has partnered with Gradient AI to incorporate state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) solutions into the underwriting process. Method utilizes...
Q&A on Mental Health Issues Among Employees and How AI Might Help
Nov 30 2020 // We are all familiar with the challenges of 2020, but we may still be underestimating how deep and wide they go. Seven in 10 employees say this has been the most stressful year of their working lives, according to a report...
Texas Issues Call to Insurance Companies for 2019 North Texas Storm Data
Nov 17 2020 // The Texas Department of Insurance has issued a call to insurers licensed to write property/casualty insurance in Texas, including surplus lines and farm mutual insurers for the collection of data about a 2019 storm in...
Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers
Nov 3 2020 // Sweden’s largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the world’s largest technology companies, it said on Tuesday. Folksam, which insures 50%...
Louisiana Issues Insurer Data Call for Hurricane Delta Damage Claims
Oct 30 2020 // Property/casualty insurance companies in Louisiana, including those that write private and/or excess flood coverage, as well as surplus lines insurers, have been directed to report claims data arising from Hurricane Delta...
