More Eyes In The Sky For Wildfire Season
Dan Nuñez pulls up a video feed on his computer. ‘Can you see that?’ he asks, pointing to some rolling, foggy hills in rural Oregon. The footage was captured seven minutes before Nuñez opened up his browser. Barely perceptible on the screen is a rising plume of smoke.
June 30, 2022
Risk Management
Technology
California
Making The Case For Artificial Intelligence
The Great Resignation has left many employers scratching their heads, wondering how to retain the valuable staff they have and how they can attract new talent for the future.
June 20, 2022
Technology
NHTSA: Partially Automated Vehicles Involved In Almost 400 Crashes
Automakers reported nearly 400 crashes over a 10-month period involving vehicles with partially automated driver-assist systems, including 273 with Teslas, according to statistics released Wednesday by U.S. safety regulators.
June 17, 2022
Auto
Technology
Leveraging Data Discovery Tools
In recent years, the combination of heightened customer demands for a more seamless user experience, combined with the rise of purpose-built insurtechs, has forced insurers to accelerate their innovation cycles. Data-driven processes such as marketing, underwriting and portfolio monitoring, to name a few, require a deeper understanding of the customer, based on requests for as few data points as possible.
June 14, 2022
Insurance Industry
Technology
Machine Learning Catching On In Insurance, But Challenges Remain
Emerging tools such as artificial intelligence and natural language processing are being used in the insurance sector, but costs remain high and there are questions about bias being introduced into machine learning, according to a speaker at the Public Risk Management Association’s annual meeting Monday.
June 8, 2022
Risk Management
Technology
The Challenge Of Quantum Resilience
Quantum computing is coming, and, when it arrives, it’s going to revolutionize how data is processed and stored. However, quantum technology, in the wrong hands, could create a multitude of digital risks, including advanced cyberattacks.
June 7, 2022
Technology
Apps Change Dynamics Of Injury Reporting
As enthusiasm grows for apps that help injured workers navigate the workers comp claims and recovery processes, the technology is evolving past downloadable programs to include web-based platforms that can be accessed from a wider range of devices.
June 6, 2022
Technology
Workers' Compensation
Back In Class: CLM’s Claims College Is Right Around The Corner
School may be out for summer, but CLM’s Claims College is right around the corner. Taking place Sept. 7-10, 2022 in Baltimore, Claims College can help you meet your professional goals while helping you establish great connections and relationships within your cohort.
June 2, 2022
Education & Training
Excess & Surplus Lines
Liability
Litigation
Property
Creating Artificial Stupidity Out Of Artificial Intelligence
It was, in my opinion, one of the best sessions at this year’s Annual Insights Symposium produced by NCCI last month. ‘Human Factors -- Expanding the Science of Predictive Analytics and Artificial Intelligence (AI),’ was presented by James Guszcza, Research Affiliate with the Center for Advanced Study in the Behavioral Sciences at Stanford University.
June 1, 2022
Technology
The Battle Against Deepfake Threats
Some good news on the deepfake front: Computer scientists at the University of California have been able to detect manipulated facial expressions in deepfake videos with higher accuracy than current state-of-the-art methods.
June 1, 2022
Fraud
Technology
The Way To Address Climate Change
With the spring season known to bring the most dangerous storms and damaging tornados, the next few months are likely to see continual and damaging weather events across the U.S. <br /><br />Earthquakes, storms, floods and droughts -- the number of recorded loss events resulting from natural disasters has been increasing for some years now. However, some insurers that are using more traditional risk assessment methods are finding the emerging risk landscape too unpredictable. <br /><br />Climate change is one of the most pressing issues in the insurance industry today, but forward-thinking insurers have found the way to combat it: AI.
May 31, 2022
Property
Risk Management
Technology
Tools And Talent: Insurers Need Both In Claims
When property & casualty insurers peer into the future of claims operations, most envision digital technologies playing a dominant role. Although digital transformation is occurring and necessary in claims departments, there will always be a need for the human touch, especially on more complex losses.
May 23, 2022
Insurance Industry
Technology
NHTSA To Study Tesla Crash That Killed 3 In Newport Beach
The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system.
May 19, 2022
Auto
Technology
California
Data Visualization: An Important Tool For Insurance, Risk Management
Data visualization has become an increasingly important tool for understanding and communicating complex risks and informing plans to address them.
May 16, 2022
Insurance Industry
Technology
What Hidden Data Can Do for the Insurance Business
Like so many other industries, insurance is becoming increasingly data-driven. Data, of course, has always been an important resource for decisions on claims, risk, and coverage.
May 4, 2022
Insurance Industry
Technology
