Insurers’ anti-fraud approaches are maturing, according to the latest biennial study by the Coalition Against Insurance Fraud and SAS.

Cybersecurity is a hot topic in every area of business—including insurance—but medical devices may not immediately come to mind when considering immediate or long-term cyber risks.

Smart devices have become a popular topic in the P&C insurance world. Tools like smart thermostats, smoke detectors and water sensors offer the potential to halt property damage before it starts, protecting insurance customers from injury, property loss or both. Yet these devices come with risks.

Claims administrator Crawford & Co. on Monday said it has launched smart water-sensor technology to help reduce water damage claims.

During the last 25 years, the technology revolution has impacted practically everything we do. From the 1980s to present day, change has been constant and, at times, dizzying.

The claims process life cycle begins when a policyholder submits a first notice of loss (FNOL). Critical information is provided to the insurer including policy number; date and time of theft or damage; a personal account of the incident; and more.

The use of technology in the workers’ compensation space is bringing significant, and positive, changes to this insurance market.

Y2Q. Years-to-quantum. We’re 10 to 15 years from the arrival of quantum computers capable of solving complex problems far beyond the capacity of classical computers to solve.

While the commercial and consumer insurance industry has helped drive economic growth, significant changes similarly are driving increased pressures across multiple lines of business, including legal.

Why have attempted fixes via legislation and technology failed to fulfill promises for decades, for almost a generation of workers?

Christie’s recently held the first-ever auction of artwork created by artificial intelligence (AI). The AI-generated piece, which involved some minimal human intervention by Paris-based art collective Obvious, shocked the art world by selling for $432,500, more than 40 times the official estimates.

We are finally beginning to experience a long-awaited revolution in the insurance industry. Historically, insurance has been one of the last and slowest industries to embrace technology as a means of modernization and process innovation.

Artificial intelligence is getting a bad rap. People of color and women are said to be disadvantaged by the technology underlying bail recommendations, facial recognition, self-driving cars and online advertising. Some critics argue that AI can also worsen health disparities based on income and race. These examples raise the specter of a world governed by racist, sexist and plutocratic algorithms.

Today’s technology news is dominated by articles about the promise of 5G—it was one of the top stories coming out of this year’s Consumer Electronics Show. 5G, so named because it’s the generation following today’s 4G, could bring mobile phones information 600 times faster than today’s speeds.

Let’s slice pie from the sky and seriously consider AI’s role in Workers’ Compensation claims. First, admit that an end-to-end AI solution is impossible.