SINGAPORE, Oct 15 (Reuters) - The cost of insuring against US tech defaults has hit record levels in the latest sign of ...

Insurers pouring money into artificial intelligence are still underestimating what the technology needs to work, according to ...

AI, a revolutionary force, is poised to transform industries, including insurance. But not all AI claims in the insurance sector stand up to scrutiny. Insurers and insurtechs are increasingly touting ...

Despite the reluctance of many insurance companies to fully adopt artificial intelligence, the expert consensus is that agentic AI is poised to take center stage in the insurance industry in 2026.

The Progressive Corporation faces growing competitive pressure as technological advantages like AI and telematics become industry norms, eroding its market edge. PGR's operating margins may fall back ...

Bind AI today announced its public launch as the AI workforce for insurance. The company, which is already live with hundreds of insurance agencies and touching billions of dollars in commercial ...

CSIRO, Australia's national science agency, and the Insurance Council of Australia (ICA) have released a report outlining how artificial intelligence (AI) can help address some of the most pressing ...

The insurance industry’s embrace of AI calls for a governance framework to assist regulators, guide insurers, and inform consumers. The National Association of Insurance Commissioners’ Big Data and ...

The U.S. life insurance market has long faced a basic growth problem: The stated need from consumers is high, but purchase follow-through can be decidedly weak. As agentic AI matures, it could play an ...

ChatGPT, a conversational AI model built by OpenAI, is the most talked-about technology of 2023. And it has piqued the interest of insurance industry leaders. But where exactly will ChatGPT, and ...

AI-native, self-guided inspection experience enables small business owners to complete property inspections in about 15 minutes, helping them get protection faster and easierPALO ALTO, Calif., Oct. 14 ...