Under the bill, insurance companies could use AI in reviewing claims, but a health care professional would make decisions on ...
A revolt is afoot in both red and blue states against the use of artificial intelligence in health insurance determinations — ...
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 ...
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, ...
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 ...
Rising loss potential, AI-driven threats and legacy tech exposure are forcing insurers and buyers to rethink cyber limits, ...
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 ...
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 ...
ORDINANCE. ALL RIGHT. THE QUESTION IS, HOW WOULD YOU FEEL IF A ROBOT DECIDED IF YOUR INSURANCE CLAIM SHOULD BE APPROVED? TODAY, STATE LAWMAKERS STARTED CREATING RULES AROUND AI’S USE. WESH TWO LINDSAY ...
Insurify has launched an industry-first insurance app on ChatGPT, enabling users to browse, research, and compare car ...