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The Net Zero Insurance Alliance disbanded and restructured after criticism of its ESG initiatives by Republican officials in the United States.
In 2023, the Texas Dept. of Insurance issued Go a cease and desist after receiving over 50 complaints about the company's practices.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.
The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.
Cyberthreat actors are increasingly using AI to perpetuate fraud, the U.S. Treasury Department reports.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
In total, the company will not be renewing some 72,000 commercial and personal property policies in the state.
Waymo released a new fleet of driverless vehicles in L.A. on March 14, with some hailing the robotaxi service as revolutionary and others wary of dangers.
More than 400 property insurers received letters requesting data, which is due by June 6, 2024.
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