With AI, failure is quiet, meaning the system keeps running. Output keeps flowing so everything looks normal. The error is in ...
Farmers Insurance has used artificial intelligence to cut the time its 8,000 agents and their staff spend on routine ...
Anat Lior, Professor of Law at Drexel University’s Thomas R. Kline School of Law, consultant to Relm Insurance, and an expert ...
Attorneys for State Farm apologized to a judge for submitting legal briefings rife with AI hallucinations and nonexistent case law, which were not fact-checked.
As AI systems get integrated across the economy, they’re creating new liabilities for businesses, and pushing new insurance offerings to cover them.
AI-powered insurance leads can help agents create more consistent sales opportunities, but they are not a shortcut to success ...
Increased funding for AI insurtech startups may mean a shorter runway for success, but insurance is still an attractive ...
The insurance industry’s embrace of AI calls for a governance framework to assist regulators, guide insurers, and inform consumers. The National Association of Insurance Commissioners’ Big Data and ...
Strada, the AI platform that runs insurance operations, today released the first edition of Strada Signals, a new series of ...
Specialty AI Insurance Emerges as Key Tool to Tamp Down Risk “As AI incidents surge and insurers increasingly add AI exclusions to traditional policies, companies face growing exposure to legal, ...
Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, such as computer systems for assistance in quickly answering complicated questions, researching a specific ...