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Insurance

News, research, companies, and AI tools connected to Insurance.

Glossary Term

AI-OCR

What is AI-OCR? AI-OCR combines optical character recognition with artificial intelligence to turn text in photos, scans, and PDFs into usable digital information. Traditional OCR mainly copies printed characters. AI-enhanced OCR can also recognize document types, interpret layouts, connect labels with values, and organize the extracted details. How it may appear in collision claims An…

  • AI Estimating
  • Computer Vision
  • Insurance
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Glossary Term

Claim Risk Detection System

What is a claim risk detection system? A claim risk detection system is software that evaluates claim information and highlights cases that may require additional review. It may use rules, statistical models, or artificial intelligence to compare details in a claim with policy information, past claims, documents, images, payment patterns, and other available data. How…

  • AI Estimating
  • Insurance
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AI News Article

State Farm Attorney Admits to AI Hallucinations in California Court Filings

An attorney representing State Farm acknowledged that an AI-assisted legal research tool produced seven nonexistent case citations used across eight California court filings, according to Repairer Driven News. For collision-industry readers, the incident underscores the need for human verification and clear accountability whenever insurers, repairers, or their legal teams rely on generative AI for claims-related work.

  • Generative AI
  • Insurance
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Research Resource

Automated Car Damage Assessment Using Computer Vision: Insurance Company Use Case

This study evaluates computer-vision models for automatically identifying vehicle damage from photographs in an insurance setting. The researchers compare ensembles based on YOLOv5 and YOLOv8, focusing on detection accuracy, processing speed, and reducing false positives that would otherwise require review by professional appraisers.

  • AI Estimating
  • Computer Vision
  • Insurance
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Research Resource

An Insurtech Platform to Support Claim Management Through the Automatic Detection and Estimation of Car Damage from Pictures

This paper describes Insoore AI, a claims-management platform that uses photographs to identify vehicle panels, classify damage such as dents and scratches, estimate severity, and support repair-versus-replace decisions. It also discusses the practical difficulty of applying computer vision to real-world vehicle photographs and insurance workflows.

  • AI Estimating
  • Computer Vision
  • Insurance
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Research Resource

On the Application of DiffusionDet to Automatic Car Damage Detection and Classification via High-Performance Computing

This research investigates whether a diffusion-based object-detection model can improve automatic recognition and classification of vehicle damage. It builds on earlier insurance-claims research and examines whether newer AI architectures can better identify subtle or difficult damage than conventional object-detection systems.

  • AI Estimating
  • Computer Vision
  • Insurance
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AI News Article

Bodily Injury Is Now A Big Share of Auto Claims Payouts. Is AI to Blame for That Too?

A CCC report says bodily injury claim costs and frequency are rising, with AI acting as a possible “force multiplier” by helping legal teams organize medical records and prepare demands faster. The article also points to healthcare inflation, litigation trends, uninsured motorists, and changing treatment patterns, so AI is presented as one factor rather than the sole cause.

  • Generative AI
  • Insurance
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Glossary Term

Optical Character Recognition

Optical character recognition converts text visible in an image or scanned document into machine-readable characters that software can search or process.

  • Computer Vision
  • Insurance
  • Shop Management
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Glossary Term

Straight-Through Processing

Straight-through processing is a workflow in which qualifying transactions or claims move through defined steps automatically with little or no manual handling.

  • AI Estimating
  • Insurance
  • Robotics & Automation
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Glossary Term

Telematics

Telematics is the collection and transmission of vehicle data through connected sensors and communications systems.

  • ADAS
  • Insurance
  • OEM Technology
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