Blog tagged as AI
What You Need To Know
The National Association of Insurance Commissioners (NAIC) has expanded its AI Systems Evaluation Tool pilot program, adding California. The pilot is designed to test regulatory approaches for assessing insurers’ use of AI and machine learning.
The pilot will run from March to Se...
04/11/2026 11:06 PM
As artificial intelligence reshapes the global economy, insurers face a fundamental shift in how risk is created, measured, and transferred. Speaking at an event hosted by MS Re during Miami Reinsurance Week, futurist Amy Webb outlined why the next decade will demand a new approach to risk.
The sessi...
03/30/2026 01:17 PM
US insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry facing disruption.
The S&P 500 Insurance index closed down 3.9%, in its biggest drop since October. Ins...
02/11/2026 08:35 PM
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another potential 2.0-point decline by 2030.
While both reports highlight the impact of AI and automation in driv...
01/12/2026 12:33 PM
Chubb plans to trim its workforce by as much as 20% over the next three to four years as part of a groupwide digital transformation aimed at automating key insurance functions.
The initiative, outlined in an investor presentation, will roll through roughly 70% of the organization in the next three ye...
12/12/2025 03:59 PM