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Report: Insurers Who Dive Into AI Will Be in Industry-Leading Position

by CivicMeter Staff | Mar 9, 2018 | Risk Management and Insurance

In 2017, an insurance technology start-up named Lemonade received a claim, verified it against its files, examined it for fraud, pronounced it valid, and paid the claim. All of these operations were done in three seconds. People were more than amazed. Everything about...

How the US Can Improve Workplace Injury and Illness Data

by CivicMeter Staff | Mar 9, 2018 | Risk Management and Insurance

Thirteen people die every day in the United States as a direct result of their work. An industrial robot malfunctions, construction scaffolding collapses, a crucial relief valve sticks and workers die. Scores more die every day from diseases and other medical...

Researchers Show How Temporal Clustering Can Improve Flood Modeling

by CivicMeter Staff | Mar 9, 2018 | Risk Management and Insurance

While severe weather events like Hurricane Katrina or Hurricane Harvey dominate the news for weather-related disasters, the majority of insurance claims for weather-related events come from much more mundane, small-scale weather phenomena. Insurance companies have...

FEMA’s Models Drastically Underestimate Flood Risk, Study Says

by CivicMeter Staff | Mar 9, 2018 | Risk Management and Insurance

The development of a newer, higher-resolution maps of the continental United States has a revealed a problem, according to researchers. At least 43 million people in the US may be affected by a 100-year flood, three times more than federal estimates currently predict,...

Could AI-Driven Insurance Reduce Gun Violence?

by CivicMeter Staff | Mar 9, 2018 | Risk Management and Insurance

American has debated gun control for decades and it is now further away from a political solution than ever before. With mass shootings averaging one a week so far this 2018, gun control proponents have been loud and vocal. Gun advocates cling to their interpretation...
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