Insurance

Major insurers seek approval to limit liability for AI-related claims – report

AIG, Great American and WR Berkley are all leaders in the insurance market, and their coordinated approach is indicative of a broader industry trend in which traditional insurers are adapting their underwriting practices to keep pace with rapidly evolving technology. For policyholders, this development may impact the types of insurance available, policy terms, and premiums for AI risks.

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