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This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
Tesla settled with the family of Walter Huang for an undisclosed amount after he was killed in a crash while using its Autopilot software.
The convenience and affordability of motorized scooters, mopeds and e-bikes also comes with a price in the form of injuries, sometimes fatal.
The contractor underreported payroll by nearly $1 million to lower his workers' comp premium.
A law firm initially proposed a $100,000 settlement and alleges the insurer concealed a $500,000 death-claim limit.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
The sector's gross written premiums have been growing by 20%-30% annually since 2020.
The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.
State Farm currently holds around 8.7% of all home insurance policies in California.
Cybercriminals use emotional manipulation to overcome vishing victims' common sense and cybersecurity training.