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Extreme weather spurs AI adoption in insurance industry
By Joe ToppeOne in four insurers now use AI to assess risk for convective storms.
News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
One in four insurers now use AI to assess risk for convective storms.