Michael S. Levine and Alex D. Pappas | Hunton Andrews Kurth As artificial intelligence (AI) continues to revolutionize the business landscape, its associated risks are becoming more complex, widespread, and consequential. While the insurance industry determines the precise circumstances in which insurance may cover these risks, businesses should consider the complementary benefits of indemnification agreements… Continue reading Artificial Intelligence Risk: Why Risk Professionals Should Consider Indemnification As A Gap-Filler
Tag: Artificial Intelligence
Expanding Intrigue of AI in Construction
Aaron Evenchik and Malek Khawam | Hahn Loeser & Parks Artificial Intelligence (“AI”) has roared into the discourse of the new economy. While the construction industry has lagged behind in its implementation, there is no doubt that AI has become an inescapable reality. Opportunity for improvements in efficiency make the construction industry primed for a… Continue reading Expanding Intrigue of AI in Construction
Will AI Deposition Assistants Be Ethical?
Esquire Deposition Solutions By now most lawyers are familiar with the story of DoNotPay, the company that promised to provide a traffic offense defendant with a “robot lawyer” to fight the ticket in court. The plan went like this: The defendant would be assisted at trial by generative artificial intelligence tools (e.g., ChatGPT and DaVinci) that… Continue reading Will AI Deposition Assistants Be Ethical?
Leveraging Artificial Intelligence in Claims Processing: A Balanced Perspective
Chandariah Sharmila Devi | Claims Journal Imagine a world where insurance claims are processed instantly with accuracy and minimal manual intervention. Yes, that is the promise current artificial intelligence revolution has made in claims processing. But as with any modern technology revolution, there are challenges, and the reality is subtle. AI is a hot topic,… Continue reading Leveraging Artificial Intelligence in Claims Processing: A Balanced Perspective
AI’s Impact on Property Insurance Coverage
Lee Ann Thigpen | Robins Kaplan Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, such as computer systems for assistance in quickly answering complicated questions, researching a specific topic, or creating an image. Put another way, AI is the ability for computers to do tasks and solve problems that would otherwise… Continue reading AI’s Impact on Property Insurance Coverage