{"id":149116,"date":"2025-11-23T18:46:08","date_gmt":"2025-11-23T18:46:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/149116\/"},"modified":"2025-11-23T18:46:08","modified_gmt":"2025-11-23T18:46:08","slug":"ai-is-too-risky-to-insure-say-people-whose-job-is-insuring-risk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/149116\/","title":{"rendered":"AI is too risky to insure, say people whose job is insuring risk"},"content":{"rendered":"

What happens when the software that everyone\u2019s racing to adopt becomes too risky for anyone to insure? According to reporting from the Financial Times<\/a>, we\u2019re about to find out.<\/p>\n

Major insurers including AIG, Great American, and WR Berkley are asking U.S. regulators for permission to exclude AI-related liabilities from corporate policies. One underwriter describes the AI models\u2019 outputs to the FT as \u201ctoo much of a black box.\u201d<\/p>\n

The industry has good reason to be spooked, the story reminds us. Google\u2019s AI Overview falsely accused a solar company of legal troubles, triggering a $110 million<\/a> lawsuit back in March. Air Canada last year got stuck honoring a discount its chatbot invented<\/a>. And fraudsters last year used a digitally cloned version of a senior executive to steal $25 million<\/a> from the London-based design engineering firm Arup during a video call that seemed entirely real.<\/p>\n

What really terrifies insurers isn\u2019t one massive payout; it\u2019s the systemic risk of thousands of simultaneous claims when a widely used AI model steps in it. As one Aon executive put it, insurers can handle a $400 million loss to one company. What they can\u2019t handle is an agentic AI mishap that triggers 10,000 losses at once.<\/p>\n","protected":false},"excerpt":{"rendered":"What happens when the software that everyone\u2019s racing to adopt becomes too risky for anyone to insure? According…\n","protected":false},"author":2,"featured_media":149117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,91223,343,344,91224,85,46,91225,125],"class_list":{"0":"post-149116","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-aig","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-great-american","13":"tag-il","14":"tag-israel","15":"tag-lloyds-of-london","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/149116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=149116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/149116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/149117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=149116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=149116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=149116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}