News Editor Insurers retreat from AI cover as risk of multibillion-dollar claims mounts TL;DR AIG, Great American, and WR Berkley are scaling back their offerings for AI liability insurance. The decision arises amidst increasing concerns regarding the risk of multibillion-dollar claims f... Innovation In Business Innovative Innovative Growth Innovative Ideas Innovative Working Solutions Insurance Insurance Products Insurance Services Intellectual Property Risk Management
News Editor Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic TL;DR Insurers are hesitant to handle multibillion-dollar claims arising from artificial intelligence companies like OpenAI and Anthropic. Financial risks associated with AI deployment present signifi... AI AI arms race Ai Regulation Insurance Insurance Products Insurance Services Interactive Advertising Bureau Openai