State Farm Mutual Automobile Insurance Company

Jaime Skaggs

Shawn M Call

Jacob J Alt

Vicki King

Eric Bellas

Melinda Teresa Magerkurth

William J Leise

Eric R Moore

Stacie A McCullough

Douglas Albert Graff

Shyam Tummala

Travis Charles Runge

Kim E Flesher

Wendy H Clayton

Anthony McCoy

Shanna L Phillips

Lokesh Awasthy

Brian J Hughes

Benjamin Tarmann

Richard D Groonwald

Matthew S Meierotto

Richard R Rhodes

Denise DeRoeck

David Turrentine

Edward W Breitweiser

Burton J Floyd

Corin Rebekah Chapman

Steven T Olson

Shelia Cummings Smith

Robert Gomez

Timothy Caleb Wells

Ronny S Bryant

Mitchell J Hill

Jody Ann Thoele

Angela Glusick

Scott T Christensen

Robert Alpine Jennings

Amber Nelson-Wolfe

Greg Hayes

Scott Shoop

Charles H Roscow

Tim G Sanidas

Alexander Cardona

Timothy J Nickel

James P Rodriguez

Ashish Sawhney

Neill Broadstone

Karthikeyan Srinivasan

Thomas Hilton Jannusch

Pamela Rearden

David Dohrmann

Gustufus Phillip Theofanis

Brian Mark Fields

Matthew S Megyese

Systems and methods are disclosed with respect to using a blockchain for managing the subrogation claim process related to a vehicle collision, in particular, utilizing evidence oracles as part of the subrogation process. An exemplary embodiment includes receiving recorded data from one or more connected devices at a geographic location; analyzing the recorded data, wherein analyzing the recorded data includes determining that an collision has occurred involving one or more vehicles; generating a transaction including the data indicative of the collision based upon the analysis; and transmitting the transaction to at least one other participant in the distributed ledger network.

Evidence oracles

A system and computer-implemented method for approving a dynamic mortgage application. In one aspect, the method may include determining a customer is approved for a mortgage and determining a real estate property is mortgage ready, including calculating an appraisal value for the real estate property based upon the information about the real property retrieved from a computer file or memory location/address (such as by using a machine learning or artificial intelligence algorithm). The method may still further include comparing the calculated amount the customer is approved for a mortgage loan with the calculated appraisal value of the real estate property; and approving the mortgage application of the customer for the real estate property when the calculated amount the customer is approved for the mortgage loan meets, or exceeds, the calculated appraisal value of the real estate property.

Approving and updating dynamic mortgage applications

The following relates generally to tracking effectiveness of an update to a vehicle feature using a distributed ledger. In some embodiments, a distributed ledger including a vehicle feature is added to or constructed. Information indicating an update to the vehicle feature, and accident record information may then be received. A first dataset from before the update was implemented in the vehicle, and a second dataset from after the update was implemented in the vehicle may then be constructed. An effectiveness score may then be calculated based upon the first and second datasets, and added to the distributed ledger.

Distributed ledger for vehicle feature updates

Methods and systems for processing a blockchain comprising a plurality of immutable insurance policy payment records corresponding to insurance policies are provided. According to certain aspects, a transaction request indicating a policy payment for an insurance policy may be received at a first node. A block including an insurance policy payment record indicating the policy payment may be added to a blockchain and transmitted to another node for validation. The first node may add the block to a copy of the blockchain, where the block may be identified by a hash value that references a previous block in the blockchain that includes at least one additional insurance policy payment record.

Systems and methods for blockchain-based payments

Methods and systems for managing and/or processing a blockchain to maintain data security for confidential and/or personal data are provided. According to certain aspects, the disclosed data security techniques may enable access sharing functionality utilizing the blockchain. For example, access sharing may be utilized to share policy information. The policy information may be associated with a smart contract. Accordingly, the policy information may be encrypted using a public key for the smart contract and compiled into a block of the blockchain. In response to a request to provide access to the information to a particular node, the private key for the smart contract may be encrypted using the public key for the particular node and compiled into a block of the blockchain.

Systems and methods for controlled access to policy data on blockchain

A shared ledger operated by a group of network participants according to a set of consensus rules manages and resolves subrogation claims between a clamant and a defendant with arbitration. Evidence regarding the value of the subrogation claim is sent to the shared ledger by the parties to the subrogation claim such as sending data to a smart contract deployed on the shared ledger. The parties to the subrogation claim or entities that are not parties to the subrogation claim may broadcast data relating to fault to the blockchain. The data relating to fault may be evaluated by the parties or entities acting on the parties' behalf to determine fault. A fault determination may be broadcast to the blockchain based upon the analysis of the data relating to fault. Once the claim is resolved, arbitrator may release funds on the chain to the prevailing party or may accept confirmation that any payments have been made between the parties off-chain.

Fault determination of blockchain subrogation claims

A system and computer-implemented method of continuously updating information about one or more of a customer approved for a mortgage and a real estate property identified as mortgage ready. The method includes monitoring information accessed from a memory storage location corresponding to a customer identification number, the information used to determine the customer is approved for a mortgage, and receiving new information about the customer, the new information used to determine the customer is approved for a mortgage. The method also includes updating, at a memory coupled to the one or more processors, the memory storage location to include the new information. The method still further includes recalculating the amount in which the customer is approved for a mortgage based upon the new information received.

Continuously updating mortgage ready data

A system for detecting water damage to a structure may include a plurality of energy-harvesting sensors on or within the structure, each sensor being configured to (i) generate sensor data indicative of one or more characteristics of air, construction materials, and/or water within the structure and (ii) generate power for operating the sensor responsively to an external stimulus other than an electrical power source. One or more processors of the system receive sensor data generated by the energy-harvesting sensors, detecting water damage to the structure by analyzing at least the sensor data, and cause an indication of the detected water damage to be presented to a user.

Systems and methods for detecting water damage using energy-harvesting sensors

Methods and systems for managing and/or processing a blockchain to maintain data security for confidential and/or personal data are provided. According to certain aspects, the disclosed data security techniques may enable access sharing functionality utilizing the blockchain. For example, access sharing may be utilized to file documents, share policy information, and/or comply with an audit. The data security techniques disclosed herein also enable the use of smart contracts to transfer funds associated with payment obligations and/or other forms of blockchain based payments, comply with anti-money laundering requirements, report industry data, validate interest payments and/or maintain agent sales data. Data security may be achieved through the use of public key/private key encryption techniques.

Systems and methods for controlled access to blockchain data

A computer-implemented method of continuously updating information about a customer approved for a mortgage, the customer associated with a customer identification number. In one aspect, the method may include monitoring information accessed from a blockchain corresponding to the customer identification number, the information used to determine the customer is approved for a mortgage. In addition, the method may further include receiving new information about the customer, the new information used to determine the customer is approved for a mortgage. Further, the method may include updating a block of the blockchain to include the new information and recalculating the amount in which the customer is approved for a mortgage based upon the new information received.

Continuously monitoring and updating mortgage ready data

Systems and methods are disclosed with respect to using a distributed ledger, such as a blockchain, for tracking changes for a user. Example methods may include implementing one or more servers, each of the one or more servers maintaining a copy of a distributed ledger; detecting a change in a policy or claim status for a user; responding to the detection of the change, including: (i) generating, via a server of the one or more servers, a transaction record for the distributed ledger including data corresponding to the change; (ii) generating a hash value representative of at least the transaction record using at least a generated nonce value; and (iii) storing the transaction record and the hash value to each copy of the distributed ledger at the one or more servers; and performing a function based upon the transaction record stored to the distributed ledger.

Distributed ledger system for managing smart data

Systems and methods for building a vehicle data repository (VDR) are provided. In some embodiments, the VDR is constructed by adding standardized build sheets to it. The standardized build sheets may be constructed by selecting data from various data sources (e.g., original equipment manufacturer (OEM) databases, National Highway Traffic Safety Administration (NHTSA) databases, Highway Loss Data Institute (HLDI) databases, and/or Insurance Institute for Highway Safety (IIHS) databases). Furthermore, a common ontology may be created and applied to the various data sources to aide in the selection of data between the data sources to construct the standardized build sheets.

Systems and methods of building a consistent vehicle data repository

The following relates generally to determining effectiveness of an update to a vehicle feature. In some embodiments, information indicating an update to a vehicle feature, and accident record information may be received. A first dataset from before the update was implemented in the vehicle, and a second dataset from after the update was implemented in the vehicle may then be constructed. An effectiveness score may then be calculated based upon the first and second datasets.

Systems and methods of determining effectiveness of vehicle safety features

Growing community of inventors

Chenoa, IL, United States of America

Jaime Skaggs