Articles about AI & Business Risk in Insurance
Bank executives are obsessed with using AI to cut costs, but regulators are raising red flags. This isn't just a banking story; it's a preview of what's coming for the insurance industry.
A recent survey of risk pros revealed a shocking truth: the biggest threats to your people aren't physical. They're digital literacy gaps and the massive disruption of AI.
A law school in Mississippi is one of the first to make AI education mandatory for all its students. It might seem like a small academic shift, but it’s a huge signal for what’s coming in the world of insurance, claims, and risk.
A top Wall Street law firm just apologized for AI "hallucinations" in a court filing. This stunning mistake raises a huge question for professionals: if your AI messes up, is your E&O insurance going to cover you?
The former CEO and CFO of an AI startup are accused of fabricating nearly all their revenue. Let's break down what this means for D&O insurers and why this case is a massive red flag.
A major trade group is sounding the alarm about a new AI model named Mythos, warning it could be used to exploit a massive SEC database and put the entire financial system at risk. Here's what you need to know.
Big Tech's massive AI investments are being funded by "shadow borrowing" that doesn't show up on their balance sheets. For insurers and private credit funds bankrolling this boom, it's creating a hidden risk that's getting harder to ignore.
Companies building AI data centers are offering free steaks and golf simulators to lure workers. But behind these luxury perks lies a mountain of complex new insurance risks, from workers' comp to massive liability exposures.
OpenAI just revealed how scammers are using ChatGPT for everything from romance cons to fake legal advice. As an insurance pro, this is a major wake-up call about the new wave of AI-driven risk we and our clients are facing.
Cyber attacks are still the number one business risk, but the real shocker is AI's massive jump to the second spot. Let's break down what these threats mean for your business and your insurance.
Goldman Sachs is backing a massive 5-gigawatt power project in Texas just for AI. As an insurance pro, this kind of thing raises every red flag, and it signals a massive new challenge for our industry.
A New York Times reporter is suing giants like Google and OpenAI over AI training data. This isn't just a tech headline; it's a potential earthquake for insurance, especially for Tech E&O and IP policies.