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.
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