Technology/Science
AI-Assisted Insurance Fraud on the Rise: UK Report
There's been a rise in AI -driven insurance fraud in the UK, as observed by claims handlers, according to fraud-prevention platform Sprout.ai and a survey conducted by Censuswide in July 2024. The ...
Exploding Pagers in Lebanon Spur Theories on Sabotage Method
From the moment pagers began exploding across Lebanon Tuesday, theories began to circulate on how devices considered outmoded in much of the world were turned into dangerous weapons that killed ...
Survey: 1 in 3 Workers Want AI Banned in the Workplace, 50% Worry About Job Security
The use of artificial intelligence (AI) in the workplace is of growing concern to employees, according to CYPHER Learning, a provider of an all-in-one AI education platform model for business and ...
California Commissioner, Cal Poly Humboldt Working on Public Wildfire Model
California Insurance Commissioner Ricardo Lara and Cal Poly Humboldt plan to form a strategy group to undertake what Lara says will be the nation's first public wildfire catastrophe model. The plan ...
How AI-Enabled Digital Twins Are Helping P/C Insurers Weather the Storm
The P/C insurance industry is at an inflection point as the rise in climate-related risks and natural catastrophes has severely impacted American insurers. Just last year, the country saw a ...
Cyber Attacks on U.S. Utilities Surged 70% This Year, Says Research Firm
U.S. utilities faced a near 70 percent jump in cyber attacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating ...
Prospect of Hurricane Seasonal Forecast-Miss Rising: Moody’s
Robert Muir-Wood, chief research officer of Moody's, has attended the Rendez-Vous de Septembre many times over the course of a more than 25-year career in catastrophe modeling. But he's hard-pressed ...
What Happened to the Hurricanes? CSU Forecasts September ‘Quiet Period’
The first two weeks of September are expected to be quiet for Atlantic hurricane activity, according to experts at Colorado State University. The CSU Tropical Meteorology Project, which has been ...
Moody’s Acquires Praedicat
Moody's Corporation announced today that it has acquired insurance analytics provider Praedicat. Moody's said the acquisition adds comprehensive casualty and liability ...