Actuarial Studies Advance Discussionon Bias, Modeling, and A.I. The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. The latest reports explore different aspects of unintentional bias and offer forward-looking solutions. The first – “A Practical […]
Insurers Need to Leadon Ethical Use of AI
Insurers Need to Leadon Ethical Use of AI Every major technological advancement prompts new ethical concerns or shines a fresh light on existing ones. Artificial intelligence is no different in that regard. As the property/casualty insurance industry taps the speed and efficiency generative AI offers and navigates the practical complexities of the AI toolset, […]
Cellphones Leading Cause of Distracted Driving; Telematics Can Help
Cellphones Leading Cause of Distracted Driving; Telematics Can Help By Max Dorfman, Research Writer, Triple-I Distracted driving—which has significantly increased since the coronavirus pandemic—is most significantly affected by cellphone use, according to a new Issues Brief by Triple-I. The report, Distracted Driving: State of the Risk, states that cellphone use–which includes dialing, texting, and browsing–was […]