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For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.
Four financial-services veterans impart tips for building a successful, rewarding advisory business.
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
Underwriters train AI agents to think like them, teaching the software to perform menial tasks, then larger projects.
New SEC rules are designed to standardize climate-related disclosures about GHG emissions and weather-related risks by public companies and offerings.
Cyber criminals are already using these tools to groom and streamline so-called 'social engineering' attacks.
The FBI projects the amount of cybercrime-related losses increased by more than 20% in 2023.
As the insurance industry ushers in the Insurtech 2.0 era, carriers must build an agile business landscape rooted in innovation.
On Febuary 26, the agency released the Cybersecurity Framework 2.0, the first significant revamping of the guidance since its 2014 creation.
The racketeering and extortion charges each carry a maximum sentence of 20 years.