machine learning News

Insuretech Speakers Blaze Trail From Michelin Guides to Smart Phones

LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative consulting firm, opened with that analogy …

Facial Recognition Technique Could Improve Hail Forecasts

The same artificial intelligence technique typically used in facial recognition systems could help improve prediction of hailstorms and their severity, according to a new study from the National Center for Atmospheric Research (NCAR). Instead of zeroing in on the features …

Insurtech Startup Pitching Chatbots for Workers’ Comp Claims

For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took the technology up a notch, boasting that it was closing claims in seconds …

Microsoft, Google Use AI to Thwart Hackers

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, …

Computer Model Identifies Unsafe Restaurants in Near Real Time

A new computer model is proving significantly more accurate in identifying potentially unsafe restaurants when compared with existing methods of consumer complaints and routine inspections. The model uses machine learning and de-identified and aggregated search and location data from logged-in …

InsurTech Strikes: How AI and Machine Learning Are Redefining the Insurance Industry

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 …

NIOSH Study Examines Machine Learning to Prevent Some Workplace Injuries

Workplace interventions can be helpful in reducing injuries while on the clock. According to the Bureau of Labor Statistics, low back strains, carpal tunnel syndrome, and other soft-tissue musculoskeletal injuries are the most frequent causes of missed workdays in the …

Four Ways that AI Enables Insurers to Differentiate

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 …

White Paper Reveals Impact of Attorney Involvement on Workers’ Comp Claim Costs

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 …

4 Ways Machine Learning Can Help Workers’ Comp Claims Teams

You may have heard some buzz about machine learning (ML), but what exactly is it? And, more importantly, how does it relate to you? ML essentially refers to the phenomenon of computers and other devices that appear to be intelligent …