News from the Texas Department of Insurance, HawkSoft, Veruna, and more. (Credit: Sergey Nivens/Shutterstock)
The Texas Department of Insurance deployed the machine learning and natural language processing in Verisk's Mozart Form Composer to accelerate the regulatory review of thousands of property & casualty forms filed by insurers each year. With Mozart, Texas insurance regulators will be able to streamline the filing intake process and accelerate the review of new form filings by analyzing how newly filed wording compares to previously approved wording.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
