Surplus lines insurers fill gap on affirmative AI liability coverage
Insurance Journal says non-admitted carriers remain the main source for AI and generative-AI coverage, with no standard admitted form identified.
Insurance Journal · published
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Travelers survey: most businesses worry AI will worsen cyberattacks
1,202 US business insurance decision-makers were surveyed; 55% said they were concerned about AI's role in a security breach.
Insurance Journal, reporting on Travelers · published
MGT expands AI-underwritten small-commercial coverage to California
The AI-native insurer says its underwriting model now reaches 43 states and Washington, D.C. through its appointed agent network.
Insurance Journal · live
New York creates office to monitor AI company safety compliance
Gov. Kathy Hochul's announcement targets large AI developers directly and does not name an insurance-specific rule or requirement.
Insurance Journal, reporting on New York State · announced
Marsh launches AI placement platform for London market brokers
Broker WorkBench processes placement data and assists negotiation and binding, with Marsh targeting a drop from two-to-four weeks to days or hours, though brokers still approve every recommended placement.
Insurance Journal, reporting on Marsh · live
Mosaic Insurance launches HALO AI underwriting system for SME
The Bermuda-domiciled specialty insurer says HALO supports its global small-and-medium-enterprise book; the report does not say whether the tool touches US-bound submissions.
Insurance Journal, reporting on Mosaic Insurance · live
New York DFS outlines AI-safety registration and disclosure steps
Covered entities must register with the state's DIGIT program and file a disclosure statement at least every other year starting January 1, 2027.
New York State Department of Financial Services · announced
AIUC raises $40M to build audits and insurance for AI systems
The Series A, led by Ribbit Capital, brings the AI-underwriting startup's total funding to $55M.
InsurTechNY · announced
W. R. Berkley excludes AI use from D&O, E&O and fiduciary forms
A RAND Corporation study on AI's insurability names the carrier's exclusion language, which reaches any actual or alleged use, deployment or development of AI.
The Register, reporting on RAND Corporation and W. R. Berkley · adopted
Think tank tells regulators to make carriers declare AI coverage
RAND recommends a standardized AI Coverage Notice so carriers state whether AI-related losses are covered, excluded or silent by line, Insurance Business reports.
Insurance Business US, reporting on RAND · proposed
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