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Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.

Much like flooding, earthquakes are not typically covered by a standard home insurance policy.

Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.

Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.

Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.

Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.

Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.

Recent sales statistics indicate the electronic vehicle market is down but not out.