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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. You should host the model on internal servers.

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Scanning for Flaws, Scoring for Security

Krebs on Security

The stated use cases for the Cyber Risk Score include the potential for cyber insurance pricing and underwriting, and evaluating supply chain risk (i.e., The October analysis by the Chamber and FICO gives U.S. Chamber of Commerce to evaluate more than 2,500 U.S. the security posture of vendor partners).

Security 199
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CCPA Marches On: California Attorney General Proposes Further Revisions to CCPA Regulations, Industry Pleads for Enforcement Delay Amid COVID-19 Crisis

Data Matters

Among other disclosure requirements, privacy policies must identify (i) the categories of sources from which personal information is collected from consumers, and (ii) the business or commercial purpose for collecting or selling personal information.

Privacy 68
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FRANCE: CNIL adopts new single authorization on fraud prevention systems

DLA Piper Privacy Matters

Only certain categories of entities in the banking and financial sector are eligible to self-certify under the AU-054. In particular, the AU-054 does not cover fraud prevention systems implemented by insurance, capitalization, reassurance, assistance companies or insurance brokers CMF (these companies must refer to Single Authorization No.

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California Enacts Broad Privacy Laws Modeled on GDPR

Data Matters

AB 375 goes beyond the ballot initiative by adding requirements for businesses that collect personal information (as defined in the bill) from consumers to delete such information on request as well as to provide access to specific pieces of personal information collected. Specific categories defined as personal information include.

GDPR 79
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California Enacts Broad Privacy Protections Modeled on GDPR

Data Matters

AB 375 goes beyond the ballot initiative by adding requirements for businesses that collect personal information (as defined in the bill) from consumers to delete such information on request as well as to provide access to specific pieces of personal information collected. Specific categories defined as personal information include.

GDPR 60
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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

For institutional investors that trade futures using a futures customer agreement with a registered futures commission merchant, or FCM, this offering can be an appealing way to access digital assets markets because it uses a familiar product and documentation. Futures also do not provide direct access to the underlying Bitcoin or Ether.