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The company's stance was an apparent attempt to gain leverage in settlement negotiations and convince the plaintiff to accept a nominal settlement.
The hospital filed the workers' compensation claim on the doctor's behalf three days after the shooting.
As this type of litigation continues to evolve, insurance companies are keeping close tabs on the situation.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.
An Earnix survey reveals that most insurance leaders plan to use machine learning in pricing and underwriting.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.
Swiss Re is forecasting a much more favorable 2024 for the industry, predicting strong premium growth of 7% for the year.
Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.
Sara Kane of CAC Specialty delves into insurance and risk trends in power and renewable energy in 2024.