The workers’ compensation segment of the property/casualty insurance business is a prime target for technology investment to maintain competitiveness and bolster performance, according to Fitch Ratings. “As the largest U.S. commercial lines segment, workers’ compensation is a focal point for …
A wheeled robot named Marty is rolling into nearly 500 grocery stores to alert employees if it encounters spilled granola, squashed tomatoes or a broken jar of mayonnaise. But there could be a human watching from behind its cartoonish googly …
Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying to gain entry from Romania. And no, …
Artificial intelligence is helping improve safety along a stretch of Las Vegas’ busiest highway. The Nevada Highway Patrol says a yearlong partnership between public safety agencies and a startup technology firm resulted in a 17 percent reduction in crashes along …
The insurance industry has operated with great consistency and clear processes for many years. People may not always like or agree with how things work, but nearly everyone from the consumer to the provider essentially goes with it — no …
Insurance companies are generating more data than ever before, and the value of that data is rapidly increasing as new products are able to properly analyze and make use of it. Beyond traditional analytics, one way that data can deliver …
Injured workers who hire attorneys to handle their workers’ comp claims tend to stay on temporary disability longer, according to a newly released white paper by CLARA Analytics, an artificial intelligence and data science company that specializes in machine learning …
Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado. Automation …
In 2017, nearly 72,000 wildfires burned more than 10 million acres nationwide, according to the National Interagency Fire Center. It cost $2.4 billion to fight them. In Arizona last year, more than 2,300 wildfires scorched nearly 430,000 acres, and the …
Consulting firm Accenture has a new tool to help businesses detect and eliminate gender, racial and ethnic bias in artificial intelligence software. Companies and governments are increasingly turning to machine-learning algorithms to help make critical decisions, including who to hire, …