US Patent Issued to Allstate Insurance on June 24 for "Systems and methods for reducing false positive error rates using imbalanced data models" (Illinois Inventors)

ALEXANDRIA, Va., June 25 -- United States Patent no. 12,340,280, issued on June 24, was assigned to Allstate Insurance Co. (Northbrook, Ill.).

"Systems and methods for reducing false positive error rates using imbalanced data models" was invented by Jin Kim (Rolling Meadows, Ill.) and Mihaela Marcusanu (Deerfield, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "As described herein, a base model based on imbalanced data may be selected for a machine learning process associated with a specific application. A first false positive error rate may be generated based on the selected base model. A plurality of imbalanced data sets may be generated based on the imbalanced data associated with the base model. A pl...