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AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.

Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.

AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.

The increased utilization of AI will improve efficiencies in routine tasks, but it does not eliminate the need for human oversight.

Migraine medications, which saw utilization increase 17%, also had one of the largest cost increases.

AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.

Consolidation in the health care industry is among the challenges facing the medical professional liability sector.