Public health insurance initiatives have been at the forefront of efforts to combat the rising costs of health care in the U.S. Various states have undertaken significant measures, primarily through the implementation of public option laws, to make health coverage more affordable. By examining the
A significant piece of legislation designed to curb fatal dog attacks in Florida by creating a dangerous dog registry and mandating liability insurance for dog owners is advancing to the House floor. Named the "Pam Rock Act" in memory of a 62-year-old mail carrier who met a tragic end at
Loadsure, a UK-based insurtech firm, has embarked on a strategic expansion by appointing several experienced executives to drive forward innovation and growth in the freight insurance sector. This move is designed to elevate Loadsure's technological infrastructure, data capabilities, and
The insurance industry is witnessing a profound transformation powered by artificial intelligence (AI), which is reshaping various aspects of operations, from risk assessment to customer interactions. Over 70% of insurers are currently leveraging AI technologies, particularly for fraud detection
The insurance industry today is navigating complex changes, notably rising premiums and AI innovations. Brokers must adapt to this rapidly evolving landscape to effectively serve their clientele. Here, experts from various segments of the industry provide their insights on the challenges and
The underutilization of artificial intelligence (AI) by insurance companies, despite significant investments, is highlighted in a new Boston Consulting Group (BCG) report. Insurers are encouraged to narrow their AI focus to specific high-value areas to enhance near-term profits and performance.
The evolving realm of machine learning algorithms, particularly those designed to process and interpret health data from wearable devices like smartwatches and fitness trackers, is drawing significant attention. These wearables are capable of detecting various bio-signals, which are physiological
In a pivotal move set to transform the mortgage lending industry, United Wholesale Mortgage (UWM) has joined forces with Google Cloud to integrate advanced technology into mortgage processes. The partnership focuses on leveraging Google Cloud's artificial intelligence and data analytics
The recent development at Northwestern University has resulted in the creation of a groundbreaking wearable device designed to measure gases emitted from and absorbed by the skin. This innovation, spearheaded by researchers John A. Rogers and Guillermo A. Ameer, represents a significant leap
Recent advancements in wearable technology have opened new avenues for monitoring various health parameters, especially for cardiovascular health. One of the most significant innovations is the development of “smart shirts” that can monitor heart-rate recovery (HRR). These smart garments are equ
