Hacker News with Generative AI: Insurance

L.A. Fires: We Can't Let Insurance Companies Exploit the Disaster (rollingstone.com)
Mother Nature exploded in Los Angeles this month with the most damaging wildfires in the city’s, and likely the nation’s, history.

Wildfires, Los Angeles, Insurance, Disaster Relief

18 points by this_weekend 3 hours ago | 18 comments

GM parks claims driver location data was given to insurers, pushing up premiums (theregister.com)
General Motors on Thursday said that it has reached a settlement with the FTC "to address privacy concerns about our now-discontinued Smart Driver program."

Privacy, Automotive, Insurance, Lawsuits, Data

59 points by pseudolus 12 hours ago | 55 comments

Is the world becoming uninsurable? (charleshughsmith.substack.com)
I ask the question, "is the world becoming uninsurable?" not as an expert on the insurance industry but as a homeowner who can no longer obtain hurricane insurance, and as an observer of long-term trends keenly interested in the way global risks pile up either unseen, denied or misinterpreted until it's too late to mitigate them.

Climate Change, Insurance, Risk, Global Trends

457 points by spking 1 day ago | 1096 comments

Allstate used GasBuddy and other apps to track driving behavior: lawsuit (arstechnica.com)
Texas has sued insurance provider Allstate, alleging that the firm and its data broker subsidiary used data from apps like GasBuddy, Routely, and Life360 to quietly track drivers and adjust or cancel their policies.

Privacy, Lawsuits, Insurance, Data Tracking, Mobile Apps

137 points by athousandsteps 3 days ago | 188 comments

Texas Sues Allstate over Its Collection of Driver Data (nytimes.com)
The State of Texas sued Allstate on Monday, accusing the insurer of illegally tracking drivers by way of their phones through a subsidiary called Arity that claimed to have the “world’s largest driving behavior database.”

Texas, Lawsuits, Insurance, Data Privacy, Automotive

7 points by elsewhen 3 days ago | 1 comments

California overhauled its insurance system. Then Los Angeles caught fire (grist.org)

California, Insurance, Wildfires, Los Angeles

11 points by rntn 6 days ago | 1 comments

California Fires Expose a $1T Hole in US Home Insurance (bloomberg.com)
The wildfires terrorizing Los Angeles this week have been like something out of a movie: vast, fast-moving, unpredictable, merciless.

California, Wildfires, Insurance, Climate Change, Finance

5 points by paulpauper 7 days ago | 0 comments

California's insurance is in crisis. The solution will cost homeowners a ton (cnn.com)

California, Insurance, Homeowners, Costs

18 points by this_weekend 8 days ago | 20 comments

Waymo robotaxis safer than any human-driven cars (cleantechnica.com)
Swiss Re, a top reinsurer globally, has analyzed a lot of data, and it has determined that Waymo’s robotaxis are safer than human drivers, and even safer than human drivers of new cars with the latest advanced driver assistance systems (ADAS).

Autonomous Vehicles, Safety, Artificial Intelligence, Insurance

41 points by hochmartinez 13 days ago | 56 comments

New Data Reveal Climate Change-Driven Insurance Crisis Is Spreading (senate.gov)
Washington, D.C.—Today, Senator Sheldon Whitehouse (D-RI), Chairman of the Senate Budget Committee, released a first-of-its kind public dataset and accompanying staff report that expose the scale of the climate change-driven crisis in homeowners’ insurance.

Climate Change, Insurance, Data, Environment, United States

12 points by thatcherc 14 days ago | 1 comments

Insurers rely on doctors whose judgments have been criticized by courts (propublica.org)
In a New Orleans courtroom one afternoon this April, three federal appeals court judges questioned a lawyer for the country’s largest health insurance company.

Healthcare, Law, Insurance

167 points by ceejayoz 18 days ago | 246 comments

Porch Pirates Steal So Many Packages That Now You Can Get Insurance (msn.com)

Insurance, Crime, Theft

3 points by jnord 23 days ago | 4 comments

A comparison to Waymo’s auto liability insurance claims at 25M miles (waymo.com)
Understanding the safety impact of Automated Driving Systems (ADS) is crucial for their widespread adoption, yet robust real-world evaluation remains a critical area of development.

Self-Driving Cars, Safety, Insurance, Data Analysis, Transportation

178 points by devangs 29 days ago | 477 comments

Swiss Re study: Waymo is safer than even the most advanced human-driven vehicles (waymo.com)
Today, we’re sharing our new cutting-edge research with Swiss Re, one of the world’s leading reinsurers, analyzing liability claims related to collisions from 25.3 million fully autonomous miles driven by Waymo.

Autonomous Vehicles, Safety, Research, Insurance

41 points by ra7 29 days ago | 41 comments

Insurers Are Deserting Homeowners as Climate Shocks Worsen (nytimes.com)
The insurance crisis spreading across the United States arrived at Richard D. Zimmel’s door last week in the form of a letter.

Climate Change, Insurance, Housing, United States

44 points by Townley 31 days ago | 85 comments

When Is Insurance Worth It? (entropicthoughts.com)
TL;DR: If you want to know whether getting insurance is worth it, use the Kelly Insurance Calculator. If you want to know why or how, read on.

Insurance, Finance, Decision Making

32 points by kqr 31 days ago | 48 comments

Insurance companies aren't the main villain of the U.S. health system (noahpinion.blog)
When UnitedHealthcare CEO Brian Thompson was gunned down in the street in cold blood the other day, a bunch of people on the internet gloated and cheered:

Healthcare, Insurance, Social Commentary

16 points by throw0101b 32 days ago | 14 comments

UnitedHealth Is Strategically Limiting Access to Treatment for Kids with Autism (propublica.org)
There was a time when Sharelle Menard thought her son would never be able to speak. She couldn’t soothe Benji when he cried, couldn’t read him books he could follow, couldn’t take him out in public. “The screaming, and screaming, and screaming,” she said. “He would get so frustrated because he couldn’t communicate.”

Health, Autism, Healthcare Policy, Insurance

48 points by stefankuehnel 34 days ago | 23 comments

UnitedHealth Strategically Limits Access to Treatment for Kids with Autism (propublica.org)
There was a time when Sharelle Menard thought her son would never be able to speak. She couldn’t soothe Benji when he cried, couldn’t read him books he could follow, couldn’t take him out in public. “The screaming, and screaming, and screaming,” she said. “He would get so frustrated because he couldn’t communicate.”

Health, Autism, Healthcare, Insurance, Children

11 points by hn_acker 35 days ago | 2 comments

Insurance companies aren't the main villain of the U.S. health system (noahpinion.blog)
When UnitedHealthcare CEO Brian Thompson was gunned down in the street in cold blood the other day, a bunch of people on the internet gloated and cheered:

Healthcare, Insurance, United States

13 points by NullHypothesist 39 days ago | 3 comments

UnitedHealthcare accused of relying on AI algorithms to deny Medicare claims (foxbusiness.com)
Democrats on a Senate subcommittee are accusing UnitedHealthcare Group of denying claims to a growing number of patients as it tried to leverage artificial intelligence to automate the process.

Healthcare, Artificial Intelligence, Politics, Insurance

11 points by sensanaty 40 days ago | 2 comments

UnitedHealth's Effort to Deny Coverage for a Patient's Care (2023) (propublica.org)
In May 2021, a nurse at UnitedHealthcare called a colleague to share some welcome news about a problem the two had been grappling with for weeks.

Healthcare, Insurance, Patient Rights, UnitedHealth

297 points by latexr 40 days ago | 373 comments

A big insurer backed off its plan to pay less for anesthesia. That's bad (vox.com)
In November, the American Society of Anesthesiologists (ASA) issued a dire warning: One of America’s largest insurance companies — Anthem Blue Cross and Blue Shield — had just “unilaterally declared it will no longer pay for anesthesia care if the surgery or procedure goes beyond an arbitrary time limit, regardless of how long the surgical procedure takes.”

Healthcare, Insurance, Business, Lawsuits

5 points by toomuchtodo 42 days ago | 1 comments

Natural Disasters Expected to Cost Insurers $135B in 2024 (bloomberg.com)
Global insurers are expected to pay more than $135 billion for natural catastrophes in 2024, according to a report by the Swiss Re Institute.

Natural Disasters, Insurance, Finance, Climate Change

9 points by Capstanlqc 42 days ago | 4 comments

Assassination is a leaky abstraction (coldwaters.substack.com)
To say that UnitedHealthcare is notorious amongst health insurance companies for unfounded patient denials is like saying Al Capone was notorious amongst mobsters for racketeering.

Healthcare, Insurance, Crime

90 points by drc500free 43 days ago | 73 comments

Anthem Blue Cross Blue Shield says it won't cover anesthesia after time limit (today.com)
Anthem Blue Cross Blue Shield has announced it will no longer cover the full length of anesthesia during surgery if it exceeds a specific time limit, leading to outrage across social media, from average users to government officials.

Healthcare, Insurance, Social Media, Government

11 points by SlightlyLeftPad 43 days ago | 5 comments

UnitedHealth data breach leaked info on over 100M people (theverge.com)
Insurance company UnitedHealth Group is confirming a ransomware attack earlier this year affected the private data of over 100 million people.

Cybersecurity, Data Breaches, Healthcare, Insurance

6 points by croes 44 days ago | 0 comments

CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices (cnbc.com)

Healthcare, Lawsuits, Pharmaceuticals, Insurance

7 points by croes 44 days ago | 0 comments

Big Insurer Sets Time Limits on Anesthesia Coverage During Surgeries (levernews.com)
One of the country’s largest health insurance companies says it will no longer automatically pay for patients’ anesthesia if a medical procedure takes longer than a predetermined time limit, regardless of complications or other factors that impact operation time.

Healthcare, Insurance, Medical Procedures, Time Limits

14 points by speckx 44 days ago | 3 comments

Anthem Blue Cross Won't Pay for the Complete Duration of Anesthesia for Surgery (asahq.org)
In an unprecedented move, Anthem Blue Cross Blue Shield plans representing Connecticut, New York and Missouri have unilaterally declared it will no longer pay for anesthesia care if the surgery or procedure goes beyond an arbitrary time limit, regardless of how long the surgical procedure takes.

Healthcare, Insurance, Lawsuits, Health Insurance

16 points by healsdata 44 days ago | 5 comments