Technology/Science
Driverless Truck Companies Plan to Ditch Human Copilots in 2024
Driverless trucks with no humans on board will soon cruise Texas highways if three startup firms have their way, despite objections from critics who say financial pressures, not safety, is behind the ...
Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings
Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the ...
Rite Aid Banned From AI Facial Recognition by FTC After Misuse
Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with the US Federal Trade Commission, which said the pharmacy chain misused the technology to ...
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 covers 2020 through 2022 ...
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 Intelligence (AI) Systems by ...