US Patent Issued to Allstate Insurance on July 8 for "Vehicle sharing optimization" (Illinois Inventors)

ALEXANDRIA, Va., July 9 -- United States Patent no. 12,354,032, issued on July 8, was assigned to Allstate Insurance Co. (Northbrook, Ill.).

"Vehicle sharing optimization" was invented by Michael Osborn (Northbrook, Ill.) and Surender Kumar (Palatine, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, computer-readable media, software, and apparatuses may determine that an expected vehicle demand will exceed an expected supply in a vehicle sharing application. In order to meet the demand, one or more users may be contacted with a request to provide a vehicle for sharing on a particular date. A machine learning algorithm may be used in determining that the expected vehicle demand will exceed the exp...