The Insurance Services Office (ISO) has introduced three endorsements that exclude bodily injury, property damage, and personal and advertising injury arising from generative AI from commercial genera…
Insurers are using generative AI diffusion models to generate thousands of synthetic weather events for catastrophe modeling, improving risk assessment for rare disasters. However, the models suffer f…
Insurance fraud involving altered PDFs is costing the U.S. an estimated $308.6 billion annually, with 99% of insurers encountering manipulated documentation. A developer details how claimants easily m…
Verisk Analytics faces a pivotal question as artificial intelligence threatens to commoditize its proprietary data sets, which have long served as a competitive moat in insurance risk analytics. The c…