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Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress

May 1 2024 // Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company’s history. The net income loss for the first three months of...

Newspapers Sue OpenAI for Copyright Infringement Over AI Training

May 1 2024 // A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft and OpenAI in New York federal court on Tuesday, accusing them of misusing reporters’ work to train their generative...

Connecticut Weighs Wide-Ranging Bill to Regulate AI. But Its Fate Is Uncertain.

May 1 2024 // The Connecticut Senate recently pressed ahead with one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured...

The Role of Artificial Intelligence Across the Property Insurance Ecosphere

Apr 25 2024 // This post is part of a series sponsored by CoreLogic. Over the last couple of years, Artificial Intelligence (AI) has changed how everyone lives, works, and plays. More than just a trend, AI is the ability of a machine,...

CEO Viewpoint: Unlocking the Potential of Generative AI in Insurance

Apr 24 2024 // Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize innovation, cut costs and improve the customer experience. Generative AI (or...

Massachusetts AG Warns AI Systems Subject to Consumer Protection, Anti-Bias Laws

Apr 19 2024 // Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the Massachusetts attorney general cautioned Tuesday. In an...

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