Berkshire Hathaway, Chubb Win Approval to Drop AI Insurance Coverage
The Information
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Generative AI
Major insurers including Berkshire Hathaway, Chubb and Travelers are taking steps to cut AI-related damages from corporate insurance policies, and U. S. state regulators are giving them the green light. Insurers are trying to get ahead of risks from companies that use generative artificial intelligence to automate tasks, stoked by the fast pace of model improvements.