It will take more drafts to get an AI system evaluation tool to the finish line, but state insurance regulators are committed to kicking off a pilot program in 2026 to test insurers' use of artificial intelligence.
Still, the project is being heavily criticized...
New York homeowners are watching their insurance premiums climb. Meanwhile, insurance companies are making large profits in the Empire State, lawmakers say. So where's the money going? Are New Yorkers subsidizing other states?Extreme weather is driving costs upExtreme weather -...
DisclosuresA description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is...
