As businesses race to adopt Artificial Intelligence, the insurance industry is navigating a fast-evolving and complex web of risks. From bodily injury to securities fraud, AI is triggering claims that span nearly every corner of liability coverage. In this post, insurance litigator Seth explores the fast-moving intersection of AI and insurance—and why companies need to
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Don’t let Cyber Insurance be Your Cybersecurity Plan
By Jon Washburn on
In a recent letter to insurers, the New York State Department of Financial Services (“NYDFS”) acknowledged the key role cyber insurance plays in managing and reducing cyber risk – while also warning insurers that they could be writing policies that have the “perverse effect of increasing cyber risk.” If a cyber insurance policy does not…