Florida Gov. Ron DeSantis has rolled out an “AI Bill of Rights” that includes restrictions on its use in processing insurance ...
The report also said 82% of firms already see positive impacts from AI and 83% expect it to drive revenue growth. Meanwhile, ...
Under the bill, insurance companies could use AI in reviewing claims, but a health care professional would make decisions on ...
As major corporations go, insurance companies are about the closest thing we have to rational actors. With the job of underwriting a huge range of financial risks in a volatile market economy, the ...
Rising loss potential, AI-driven threats and legacy tech exposure are forcing insurers and buyers to rethink cyber limits, ...
A ChapGPT logo is seen on a smartphone in 2023. ALLAHASSEE — As Florida lawmakers dig into issues involving artificial intelligence, state Insurance Commissioner Michael Yaworsky wants to make sure ...
Digital Insurance spoke with Vineet Bansal of The Mutual Group, an insurtech specializing in serving mutual insurers' operations technology needs, about its recent additions of AI capabilities, ...
When Cigna doctors denied over 300,000 insurance claims in two months, they spent an average of 1.2 seconds reviewing each case. This wasn't human review. It was algorithmic execution, just the ...
Florida lawmakers have advanced a plan to increase E-Verify by private employers in the state, and Gov. Ron DeSantis leads the charge to look into AI use by insurance companies. Florida lawmakers are ...
As health insurers increasingly rely on artificial intelligence to process claims, denials have been on the rise. In 2023, about 73 million Americans on Affordable Care Act plans had their claims for ...
Lemonade, Inc. remains a compelling Buy as AI enhances, not disrupts, its digital insurance platform. Learn more about LMND ...