Technology/Science
3D Printing in the Auto Industry Mulled by Experts
The rise of interest and capability to 3D-printed auto parts promises to reshape the insurance and claims landscape, with significant implications for pricing, quality ...
More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat
Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution, part of a trend toward declining air quality as climate change-related ...
Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive
A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers' information and then selling that data to Progressive. ...
Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC
Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new KCC white paper.
AI Weather Models Promise Super Granular, Specialist Forecasts
The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of AI weather models in recent years means small, commercial ...
In Fight Over Insurance, Neighbors Crowdsource LA Fire Contamination Data
All sense of survivors' guilt was fleeting for those residents whose homes remained standing after wildfires ripped through the Los Angeles area three months ago.
Risk digitization was cited as the primary technology priority for revenue growth in a recent study from InsurTech Cytora. Cytora ...
Japan Warns Potential Megaquake Could Kill Nearly 300,000
A long-feared megaquake off Japan's southern coast could result in almost 300,000 deaths, according to a new model released by the government. In the worst-case scenario, a megaquake in the Nankai ...
Risk Digitization Top Tech Priority for U.S. Insurers
Qualtrics, McKinsey Estimate $100B Insurance Value Gains With AI-Enabled CX
A new report highlights an estimated $860 billion opportunity AI presents in customer experience across industries, including $100 billion for insurance, while also revealing that most senior ...