Insurers can modernize CAT modeling by integrating AI-driven data capture, cleansing, enrichment, and analysis to deliver dynamic, real-time risk assessments that enhance underwriting and portfolio decisions.
The PIA, NAIC, AITC and NCOIL all warn that a proposed 10-year federal ban on state AI regulation would undermine consumer protections, stifle innovation and disrupt insurance markets.
Agentic AI empowers carriers to tackle operational underwriting bottlenecks—streamlining risk analysis, fraud detection, and workflow automation to boost capacity in today’s talent-scarce market.
A targeted cyberattack compromised Microsoft accounts of Washington Post reporters covering China and national security, prompting a sweeping internal investigation.
Twenty-seven states and D.C. filed suit to block the sale of genetic and medical data in 23andMe’s bankruptcy, citing lack of informed customer consent.
CMT’s 2024 report reveals a shift in distracted driving habits, with fewer drivers using phones but a surge in utility and AI app usage behind the wheel.
Google is working with the National Hurricane Center to evaluate a new AI model that could enhance tropical storm predictions up to 15 days in advance.
Florida’s hurricane model commission approves Karen Clark & Co.’s Version 5.0, featuring enhanced climate data, upgraded vulnerability functions, and new coverage modeling capabilities.
Industry leaders say AI’s real value in claims management lies in improving data quality and enhancing adjuster decision-making—not replacing human expertise.
Sure introduces its Model Context Protocol, enabling AI agents to autonomously quote, bind, and service insurance policies with integrated compliance and multi-carrier support.
Disney and Comcast allege AI image platform Midjourney infringed on iconic characters like Darth Vader and Shrek, seeking $150,000 per violation in federal court.
United Natural Foods, a key supplier for Whole Foods, took systems offline after unauthorized network activity, causing temporary disruptions in order fulfillment and distribution.
Mary Meeker’s new 340-page AI report reveals explosive growth, accelerating adoption, and decreasing costs—pointing to major advantages for insurers leveraging the technology.
Starting July 2026, Colorado will let insurers use advanced risk models for wildfire coverage, aiming to price policies more accurately amid rising climate threats.
U.S. investigators warn that Chinese cyberattacks and user carelessness are turning smartphones into national security risks, exposing sensitive data and infrastructure.