Hacker News with Generative AI: Insurance

IVF insurance startup Future Family promises a baby or your money back (techcrunch.com)
For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success.
IVF, Healthcare, Startups, Insurance, Business
17 points by impish9208 2 days ago | 2 comments
California homeowners to fund half of high-risk insurer's $1B 'bailout' (calmatters.org)
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on insurance companies — which will in turn pass the costs along to homeowners — the first such move in more than three decades.
California, Insurance, Finance, Climate Change
36 points by JumpCrisscross 6 days ago | 44 comments
'It's a money game to them':son takes on UnitedHealth over elderly father's care (theguardian.com)
Two years ago, Robby Martin got an unsettling call from his father, Jackie. The 82-year-old told his son that a representative of the insurance giant UnitedHealth Group had barged into his nursing home room at 2.30 in the morning, announcing that he was going to be checked out at the end of the week.
Healthcare, Insurance, Lawsuits, Elderly Care
171 points by howard941 8 days ago | 156 comments
California's Fair Plan Gets $1B Bailout (nytimes.com)
California’s home insurance plan of last resort, designed for people who can’t get coverage on the private market, does not have enough money to pay claims from the Los Angeles wildfires and is getting an infusion of cash from regular insurers.
California, Insurance, Wildfires, Finance, Government
5 points by lxm 8 days ago | 1 comments
Ask HN: Anyone pursuing this AI image idea (images to list of insured losses)? (ycombinator.com)
The idea is for AI to interpret photos and videos and create a detailed and accurate list of exactly what was lost, so claimants can collect the full value of their insured losses.
Artificial Intelligence, Insurance, Business Ideas, Image Recognition
13 points by mgav 14 days ago | 15 comments
State Farm seeks 22% emergency rate hike (ocregister.com)
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.
Insurance, California, Wildfires, Finance
17 points by milleramp 17 days ago | 27 comments
GM faces ban on selling driver data that can be used to raise insurance rates (arstechnica.com)
GM sold geolocation and other driving data without adequate consent, FTC says.
Privacy, Automotive Industry, Data Privacy, Insurance
5 points by ndsipa_pomu 33 days ago | 0 comments
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
19 points by this_weekend 35 days ago | 26 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
62 points by pseudolus 35 days ago | 57 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
512 points by spking 36 days ago | 1213 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 38 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 38 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 41 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 42 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 43 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 47 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 49 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 53 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 58 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 63 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 64 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 65 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 65 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 67 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 68 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 70 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 74 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 75 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 75 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 77 days ago | 1 comments