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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.
Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.
Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.
Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.
Award-winning agencies elaborate on their technology integration and methods for staying informed about evolving policyholder needs.
Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a 'cartel.'
Many insurers aren't yet equipped to integrate multiple technology partners into the claims process.
Outdated equipment and open networks make operational technologies at industrial complexes susceptible to cyberattacks.