Toyota Recalling Over 1 Million Vehicles Over Potential Air Bag Issue
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed.
The recall ...Technology/Science
Insurity Reports AI Resolves 75% of Policyholder Needs
Cloud software provider for insurance carriers, brokers and MGAs, Insurity reported it's AI resolves 75 percent of policyholder needs, effectively reducing live agent interactions during times of ...
New Cyber Risk Report Highlights Rise in Automotive Data Exploitation
A newly released report points to a growing threat focused on automotive cyber attacks, according to VicOne, an automotive cybersecurity provider. Supply chains appear to be the major source of ...
All Eyes on Europe as World’s First AI Rules Set to Be Finalized
Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week — talks complicated by the ...
NAIC Approves Model Bulletin on Use of AI by Insurers
Members of the National Association of Insurance Commissioners (NAIC) voted to adopt the Model Bulletin on the Use of Algorithms, Predictive Models, and Artificial ...
Insurance, Finance Workers to See Biggest AI Impact in London: UK Report
Management consultants and City of London finance workers are among those most exposed to workplace changes ushered in by artificial intelligence, a new UK government report found, urging changes in ...
Claims or No Claims
"A Moment of Incredible Opportunities"
That title on top of a series of slides presented by a featured speaker at a recent Casualty ...
Mobility Trend: Consumers Prefer AV Deliveries Over Robots, Drones
With Amazon aiming to make 10,000 deliveries with drones in Europe this year and Walmart planning to expand its drone delivery services to an additional 60,000 homes this year in the states, ...
OpenAI Investors Consider Suit Against Board
Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam ...
Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz
Following two years of high but stable loss activity, 2023 has seen a "worrying resurgence" in ransomware and extortion claims as the cyber threat landscape continues to ...