Many insurers are still using AI for existing underwriting and claims rather than redesigning how those workflows operate.
Read moreJPMorgan Chase (NYSE: $JPM), the world’s largest commercial bank, has filed with regulators to launch a new tokenized money market fund. This would be JPMorgan’s first tokenized fund and comes as major Wall Street firms move traditional assets onto blockchain rails. A filing with the U.S. Securities and Exchange Commission…
The insurance industry deals with some specific challenges that can prevent AI pilots from taking off.
Generative AI has moved well beyond the margins of claims management and is now woven into everyday workflows.
An impasse between ECU Health and insurer UnitedHealthcare shows that advances in medical technology like those offered by Nipro can't help when patients can't afford the treatment, Pitt County's congressman said. Greg Murphy, R- N.C., responded to questions about the dispute over reimbursement rates after touring the Nipro Medical Corporation facility…
New research from the Society of Actuaries has found insurance and financial services leaders across a range of sectors all named artificial intelligence as the top emerging risk for 2026 and in the years to come.
Binance says its AI-powered security systems have blocked more than $10.5 billion in potential fraud losses since early 2025, with the exchange intercepting nearly 23 million phishing attempts in the first quarter of 2026 alone, as the cost of launching AI-assisted crypto attacks falls to as little as $1.22 per contract.
Cryptocurrency miner MARA Holdings (NASDAQ: $MARA) has sold $1.5 billion U.S. worth of Bitcoin (CRYPTO: $BTC) as it expands into artificial intelligence (A.I.) data centres. In its first-quarter earnings statement, the company said it sold the BTC to improve its liquidity and retire debt associated with its pivot to running A.I. data centres.
An American data and analytics firm is calling for industry-wide collaboration to find solutions for artificial intelligence-driven insurance fraud, which is becoming increasingly complex and widespread.
When Fidelity Investments announced a workforce restructuring last week, the Boston company was adamant: Artificial intelligence played no role in its decision to cut about 1,000 employees. Perhaps more surprising was that the family-controlled company led by Abigail Johnson also plans to hire 2,000 early-career workers— the very type of workers…
Medicare Advantage market penetration remains strong; however, the growth rate has slowed to a record low, of 2.4%; while Prescription Drug Plan enrollment soared to its highest growth rate level since 2013, according to a new analysis by Mark Farrah Associates, www.markfarrah.com. Over half, 51.8%, of people eligible for Medicare have decided on Medicare…
While many insurance providers have begun adopting artificial intelligence, others are already racing ahead to the next stage of scaling solutions.
State insurance regulators are at the implementation phase of guidance on artificial intelligence, following broader adoption of a model bulletin.
The following information was released by the University of Virginia's Darden Graduate School of Business Administration:. Over the past year, President Trump has intensified pressure on the Federal Reserve and Chair Jerome Powell to lower interest rates in a bid to boost the economy and cut borrowing costs. The question of central bank independence came up…
Tesla Inc. owners can avail lower insurance premiums with the Supervised Full Self-Driving technology. The Tesla North America handle posted on X on Tuesday, saying that the company will offer a“ score of 100” to drivers for“ every mile” driven with Supervised FSD with the Safety Score v3.0.“ This allows you to maintain a higher average safety score over time,…
Broadridge Financial Solutions Announced The Launch Of Its Next-generation Digital Asset Platform For Wealth Management Enabling All Canadian Wealth Managers To Accelerate Their Offering Of Crypto Currencies And Other Tokenized Assets.
How much can AI help the insurance industry offset the continued loss of institutional knowledge as talent ages out?
As more and more insurers leverage AI for underwriting, claims, and risk management, they face the need for explainability, defensibility, and accountability.
Experts say it’s possible, but it’s not without risk.
High-net-worth families often face elevated cyber risk because of their visibility, financial resources, and complex lifestyles.
