Insurance

Real Estate

LA Wildfires Exacerbate California’s Insurance Crisis

Photo by Scott via CC BY-SA 2.0

California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.

1 min read

Photo by Library of Congress via Unsplash

Industries

Natural Disasters Cost the Insurance Industry $135 billion this year

So far this year, hurricanes, thunderstorms, and floods have cost the insurance industry a collective $135 billion in losses.

1 min read
Photo illustration by Connor Lin / The Daily Upside

Technology

A Cyberattack Rattled US Car Dealerships. Which Industry is Next?

A single point of software failure can turn entire industries into teetering Jenga towers. Next time could be a lot worse.

5 min read
Photo by Dannel Malloy via CC BY 2.0

Personal Finance

Hurricane Milton Might Be the Costliest Hurricane Since Katrina

When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.

1 min read

Artificial Intelligence

AI Could Make People ‘Uninsurable,’ Financial Regulator Warns

Photo by Vlad Deep via Unsplash

The insurance industry needs to be careful when using AI, or else AI black boxes could render consumers uninsurable without any explanation.

1 min read

Photo by Mateusz Walendzik via Pexels

Autos

Tens of Thousands of Yellow Cabs in Jeopardy as NYC’s Biggest Taxi Insurer is Insolvent

American Transit Insurance Company (ATIC) insures over 60% of 117,000 taxis and for-hire vehicles. And it’s insolvent.

1 min read

Photo via U.S. Patent and Trademark Office

Patent Drop

The Time and Place for AI Code Generators

Though chatbots do code’s heavy lifting, humans need to be in charge.

2 min read
Photo by Vanessa Nunes via iStock

CIO Upside

Why Small AI Models Are Winning In Enterprise

The adage “go big or go home” may not always apply to AI.

3 min read
Photo by JHVEPhoto via iStock

Artificial Intelligence

ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

2 min read

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