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How Job Analyses Could Help More Employers Enhance Safety at Work

How Job Analyses Could Help More Employers Enhance Safety at Work

As labor shortages and widespread economic challenges require a level of nimbleness from everyone in the workforce, companies today often need their employees to be able to pivot.
October 9, 2023 Education & Training Technology Workers' Compensation

Business Owners Worry About Gaps in Insurance Coverage, Survey Finds

Business Owners Worry About Gaps in Insurance Coverage, Survey Finds

About 8 out of 10 business owners recently surveyed expressed worries that specific events or losses would have the potential to affect their firms despite their existing business insurance coverage. Life insurance and business owner policies tied as the top concerns.
October 4, 2023 Insurance Industry Risk Management Technology

Bogged by Legacy Systems, Insurers Lose Competitive Edge

Bogged by Legacy Systems, Insurers Lose Competitive Edge

New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current market, according to a new report released by Info-Tech Research Group.
October 4, 2023 Insurance Industry Risk Management Technology

Traveling Down a Bumpy Road: Carrier Challenges and Opportunities

Traveling Down a Bumpy Road: Carrier Challenges and Opportunities

With rising inflation and interest rates, geopolitical tensions, climate change uncertainty, and growing competition, U.S. insurance carriers face several challenges to delivering consistent, high-quality insurance services and products to the marketplace.
October 3, 2023 Education & Training Insurance Industry Legislation & Regulation Risk Management Technology

Tesla Owners Must Arbitrate False Advertising Claims over Autopilot Feature

Tesla Owners Must Arbitrate False Advertising Claims over Autopilot Feature

A California federal judge has ruled that a group of people who own cars made by Tesla Inc TSLA.O must pursue claims that the company misled the public about its autopilot features in individual arbitration rather than court.
October 3, 2023 Auto Litigation Technology California

Americans Skeptical of AI Insurance Agents, Survey Reveals

Americans Skeptical of AI Insurance Agents, Survey Reveals

A recent survey conducted by the online insurance agency, GetSure, has revealed that a significant number of Americans are hesitant about the idea of interacting with AI insurance agents. This finding sheds light on the sentiments of the nation, potentially comforting the country’s 1.6 million human insurance agents.
October 2, 2023 Insurance Industry Technology

California’s New Firefighting Ally is Artificial Intelligence

California’s New Firefighting Ally is Artificial Intelligence

Firefighters want every leg up they can get to knock out a blaze before it becomes an inferno. The California Department of Forestry and Fire Protection says it has a new tool to battle wildfires before they explode -- artificial intelligence.
September 28, 2023 Property Technology California

Dark Web’s WormGPT Assists Hackers in Phishing Attacks

Dark Web’s WormGPT Assists Hackers in Phishing Attacks

A ChatGPT-style tool designed to assist cybercriminals will let hackers develop sophisticated attacks on a significantly larger scale, researchers have warned.
September 19, 2023 Fraud Technology

Blockchain Is Here. But Can Insurance Unlock Its ROI in Meaningful Ways?

Blockchain Is Here. But Can Insurance Unlock Its ROI in Meaningful Ways?

As blockchain technology matures and more players in the insurance industry integrate it into their operations, many are wondering what kind of return companies are seeing on their blockchain investments.
September 18, 2023 Insurance Industry Technology

Customer Trust Emerges as the Key Factor in Claims Processing

Customer Trust Emerges as the Key Factor in Claims Processing

New data from claims automation insurtech Sprout.ai revealed that customers place greater importance on fair decision-making and trust than speed when settling insurance claims using AI.
September 15, 2023 Insurance Industry Technology

Congress Seeks Guidance from Tech Industry Titans on AI Regulation

Congress Seeks Guidance from Tech Industry Titans on AI Regulation

Nearly two dozen leaders of tech companies and other groups met Wednesday behind closed doors with U.S. senators as part of a broader discussion into how Congress can regulate artificial intelligence.
September 15, 2023 Legislation & Regulation Technology

Are We Automating Bias?

Are We Automating Bias?

Automating tasks has been an industry goal for years, whether driven by necessity (to remain competitive and save human resources), or to achieve higher goals.
September 15, 2023 Technology

Artificial Intelligence -- There’s Nothing Fake About It

Artificial Intelligence -- There’s Nothing Fake About It

Artificial Intelligence (AI) has become ubiquitous in today’s corporate lexicon. And while much has been said, and written, about AI, the question still remains: what, exactly, is AI?
September 14, 2023 Insurance Industry Legislation & Regulation Technology

Governance Challenges to GenAI’s Prolific Adoption in Insurance

Governance Challenges to GenAI’s Prolific Adoption in Insurance

Few, if any, technologies have achieved mass adoption in a shorter period of time than ChatGPT, thanks to its massive accessibility and highly intuitive interface. Not only has ChatGPT harnessed the extraordinary power of generative AI (GenAI), but it’s also incredibly easy to use.
September 12, 2023 Insurance Industry Technology

 Modern Cars Are Privacy Nightmare

Modern Cars Are Privacy Nightmare

Forget snooping smartphones and spying smartwatches. Modern, connected cars are ‘the official worst category of products for privacy that we have ever reviewed,’ Mozilla concluded after studying two dozen brands.
September 8, 2023 Auto Technology
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