Technology/Science
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by ...Filling a Perceived Void, Aon Launches U.S. Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul ...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 ...