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The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.
Insurance industry news from Ryan Specialty, FM Global, Signal Restoration and more featured in weekly update.
There have been at least 20 crashes involving vehicles that had Autopilot issues addressed, according to the NHTSA.
AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.
More than 80,000 people have been displaced in southern Brazil following record-breaking floods.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.
The Lone Star State also faced massive wildfires earlier this year after record-breaking losses in 2023.
Migraine medications, which saw utilization increase 17%, also had one of the largest cost increases.
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.