News

AI in insurance, checked daily. Every item carries its source, its evidence label and what it means for a book of business. Page 5 of 5.

16 SepCarrierCompany statement

ISO adds three exclusions for claims tied to generative AI

The forms, available since January, already appear on some commercial general liability policies, a trade report says.

Newswire.com, reporting on ISO · adopted

16 SepCarrierMGAAgencySurvey

83% would hand repeatable work to AI, but 75% insist on an insurance-specific or governed model, mea Platform found.

mea Platform, via Business Wire · published

16 SepCarrierMGAVendor statement

SapiensAIP embeds AI tools into policy administration, the company says, without naming any live customers.

Sapiens International, via Financial IT · announced

16 SepAgencyCarrierCompany statement

A leadership advisory column describes exclusions for AI-driven errors landing in traditional business coverage.

Korn Ferry · published

16 SepCarrierMGAAgencyCompany statement

Cyber leaders describe AI as an extension of technology risk rather than a new product, while applications go silent on it.

Fintech Global · published

16 SepCarrierLegal duty

Among them: no claim can be down-coded or a payment reduced by AI alone.

Connecticut Office of the State Comptroller · adopted

16 SepCarrierMGARegulator expectation

The Big Data and AI (H) Working Group opened a 30-day comment period on August 31, with adoption in view for the fall meeting.

Hesper AI, reporting on the NAIC exposure · proposed

15 SepCarrierRegulator expectation

Texas's TDI Bulletin B-0003-26 clarified that AI-enabled insurance activities remain subject to existing law, Risk & Insurance reports.

Risk & Insurance · adopted

14 SepCarrierAgencyLegal duty

A5494 would let insurers use AI for triage, fraud scoring and approvals, but not the final decision to deny a homeowners, auto or flood claim.

Insurance Business, reporting on New Jersey Assembly Bill A5494 · proposed

10 SepCarrierRegulator expectation

The September 10 industry letter says significant AI-related developments can count as material changes to cyber risk under Part 500.

NYDFS Industry Letter, as summarized by InsureAIWire · adopted