News

Big Insurance Backs Away From AI Risk and Startups Rush In

  • PYMNTS--pymnts.com
  • published date: 2026-05-01 20:04:27 UTC

A company deploys an artificial intelligence (AI) agent. The agent makes a mistake. The insurance policy does not cover it. That outcome is no longer hypothetical. Major insurers are carving AI out of standard corporate coverage. State regulators are approvin…

A company deploys an artificial intelligence (AI) agent. The agent makes a mistake. The insurance policy does not cover it.That outcome is no longer hypothetical. Major insurers are carving AI out of… [+4021 chars]