July 1, 2024 Experts warn insurance industry to buckle up for AI regulation, litigation Insurance companies are being urged to prepare for potential litigation as the use of AI grows within the industry.
June 7, 2024 Cover Genius ‘actively investing’ in AI as part of customer satisfaction strategy Cover Genius recently secured $80 million in Series E funding as the company leans into AI as a differentiator.
May 20, 2024 Munich RE says electronic health records ‘underutilized,’ but hopes to change that Electronic health records are “underutilized,” but have the potential to facilitate faster, more accurate underwriting, says Munich Re exec.
March 21, 2024 Colorado gears up to add AI regulations for health insurance Colorado has opened a public commentary period for its proposal to introduce regulation to govern the use of AI in health insurance.
February 23, 2024 In AI ‘Wild West,’ firms urged to adopt in-house policies In the absence of regulation on generative AI, businesses and independent professionals should create ethical use policies, one expert says.
February 16, 2024 How insurers can manage third-party contractors for AI With insurers looking to outsource AI expertise, here are some recommendations they can use to better manage third-party AI contractors.
February 15, 2024 4 regulatory trends for AI use in insurance for 2024 Four key regulatory AI trends insurance firms and professionals can expect to see this year, according to law firm Locke Lord.
February 12, 2024 CMS: MA insurers can’t use algorithms to deny care The Centers for Medicare and Medicaid Services sent a memo to all Medicare Advantage carriers recently, clarifying that MA insurers are not allowed to use algorithms or artificial intelligence-powered tools as basis for denying care or coverage.