Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
AI-Driven MGA Clearcover Raises $43 Million; American Family Among Backers
Jan 23 2019 // American Family Insurance joined a new $43 million financing round for Clearcover, a managing general agent with an artificial intelligence-driven platform focused on car insurance. The Chicago-based insurtech startup said...
AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting
Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities. AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...
Ohio Insurance Agents Group Creates Data Analytics Company, IntellAgent
Jan 7 2019 // Ohio Insurance Agents Association Inc. (OIA) has launched IntellAgent LLC, an analytics-driven organization that specializes in actionable insights for independent agents. IntellAgents LLC was formed to help independent...
How Big Tech Is Using Artificial Intelligence to Stop Hackers
Jan 3 2019 // Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying...
Competition in Artificial Intelligence Is Like New Space Race: Viewpoint
Jan 2 2019 // It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as...
Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law
Dec 31 2018 // It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect...
Los Alamos Lab Research Findings Could Lead to Earthquake Early Warning System
Dec 18 2018 // Machine-learning research published in two related papers today in Nature Geosciences reports the detection of seismic signals accurately predicting the Cascadia fault’s slow slippage, a type of failure observed to...
AIG Chief Data Officer DalleMule Jumps to Insurtech Startup Planck
Dec 6 2018 // Planck Resolution, AI-based data platform for commercial insurance, has hired Leandro DalleMule as general manager, North America. Prior to joining Planck Resolution, DalleMule was the chief data officer (CDO) and head of...
Actuaries Face Uncertainty Amid Encroachment by Data Scientists
Dec 3 2018 // Riley Howsden has one of those hip jobs everyone loves to hate. He works at L.A.-based video game producer Riot Games, where business attire includes hoodies, the food comes free and his job entails deducing what kinds of...
AI Enhances Highway Safety in Las Vegas
Dec 3 2018 // Artificial intelligence is helping improve safety along a stretch of Las Vegas’ busiest highway. The Nevada Highway Patrol says a yearlong partnership between public safety agencies and a startup technology firm...
Imagery and Artificial Intelligence in Wildfire Risk
Dec 3 2018 // Fires across North America in 2018 have continued the pattern of extreme destruction established by significant insured loss events in both Northern and Southern California last year and the 2016 disasters in Alberta and...
AI Enhances Highway Safety in Las Vegas
Nov 26 2018 // Artificial intelligence is helping improve safety along a stretch of Las Vegas’ busiest highway. The Nevada Highway Patrol says a yearlong partnership between public safety agencies and a startup technology firm...
Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit
Nov 21 2018 // A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of...
ICW Group Names VonDohlen Vice President of Data Analytics
Nov 6 2018 // ICW Group Insurance Cos. has named Eric VonDohlen vice president of data analytics. VonDohlen will oversee the company’s data analytics operations and provide guidance on the curation, maintenance and management of...
South Carolina Insurer Data Security Law Should Be Nationwide Role Model
Nov 5 2018 // In October 2017, the National Association of Insurance Commissioners (NAIC) adopted the Insurance Data Security Model Bill, also known as the NAIC “Model Law.” NAIC’s “Model Law” seeks to...
Get Ready for the Insurtech Revolution, Act 2
Oct 8 2018 // The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and...
For True Disruption, Embrace Innovation
Oct 1 2018 // The auto insurance industry is in the midst of major disruption powered by technology and vibrant new players. Disruption gives way to fresh ideas that can have both profound and positive impacts on our lives and...
South Carolina Issues Emergency Order to Insurers, Updates Hurricane Florence Data Call
Oct 1 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation Sept....
John Hancock Will Only Sell Interactive Life Insurance with Fitness Data Tracking
Sep 19 2018 // John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable...
South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers
Sep 17 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation...