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Insurers Race to the Starting Line in the Dawn of the AI Decision Era
Jul 3 2025 // Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico...
Only Carrier or Comp Judge Can Determine Compensability, Fla. Appeals Court Says
Jul 3 2025 // An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an...
Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use
Jul 2 2025 // Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on...
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
Jul 1 2025 // When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops...
New Carrier Reporting Requirements on Investments, Liquidity, SC DOI Says
Jul 1 2025 // South Carolina’s Department of Insurance is reminding carriers that it may soon give extra scrutiny to liquidity and capital as well as investments in subsidiaries’ securities, thanks to a law approved by state...
China Enlists Commercial Insurers in Bid to Boost Local Biotechs
Jul 1 2025 // China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning biotech and pharmaceutical sector. Commercial insurers have been encouraged...
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