As technology evolves, the use of artificial intelligence (AI) in various sectors becomes increasingly prominent, raising significant questions about its applications and potential limitations. The state of Florida is considering a proposed bill, SB 794, to prohibit the exclusive use of AI in
Clearspeed, a leader in voice-based risk assessment technology, has partnered with 1st Central, one of the UK's rapidly expanding insurance providers. This partnership aims to enhance the insurance claims process through innovative technology, enabling quicker claim settlements and improved
A recent ruling by the Court of Appeal, which overturned a previous decision by the Technology and Construction Court, is expected to have far-reaching implications for insurance claims. The case involved Lonham Group and Scotbeef, a meat wholesaler that had engaged chilled and frozen storage
Recent developments in Florida's insurance industry have ignited discussions about consumer protection and unethical practices in the industry. Senate Bill 1740, primarily sponsored by Sen. Blaise Ingoglia, has brought these issues to the forefront. The bill aims to introduce stricter
New York State has recently enacted groundbreaking amendments to its insurance laws, significantly transforming the insurance product landscape. These changes are designed to provide more adaptable and relevant solutions to contemporary risks that businesses and individuals face today. Introduction
Cyclone Alfred left behind a trail of devastation, affecting thousands of homeowners who are now grappling with the daunting task of rebuilding their lives and properties. Many have turned to their insurance policies, hoping to find relief and security in a time of great uncertainty. However,