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Fewer than half of industry execs consider their companies 'advanced' in the main areas of business evolution.
This case serves as a stark reminder of a growing threat: fraudulent claims facilitated by artificial intelligence.
The convenience and affordability of motorized scooters, mopeds and e-bikes also comes with a price in the form of injuries, sometimes fatal.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
Insurance companies are in a unique and powerful position to influence behaviors.
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Americans are divided evenly on the necessity of requiring dog restraints in cars, according to Erie Insurance.
Insurance experts analyze who was involved from a coverage and liability perspective.
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