JD Power Finds 29% of Insureds Have Used AI to Research, Service Account or Shop for New Policies; 37% Changed Policy as a Result. AI usage split evenly between insurer-provided t ...
By Anhata Rooprai and Manya Saini Aug 27 (Reuters) - Cyber insurers have spent years defining what constitutes a hack and ...
With AI, failure is quiet, meaning the system keeps running. Output keeps flowing so everything looks normal. The error is in ...
The excess and surplus lines market sells itself as the place where new insurance products get born. On artificial ...
As AI systems get integrated across the economy, they’re creating new liabilities for businesses, and pushing new insurance offerings to cover them.
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 ...
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.
AI-powered insurance leads can help agents create more consistent sales opportunities, but they are not a shortcut to success ...
The U.S. life insurance market has long faced a basic growth problem: The stated need from consumers is high, but purchase follow-through can be decidedly weak. As agentic AI matures, it could play an ...
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 ...
The drop has been steepest at the entry level. Junior adjuster postings have fallen close to 50% since early 2024, compared ...