Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next ...

Several social media users raised alarms about the tool’s potential for insurance ... The company has implemented safeguards to prevent malicious use of image generation. As AI becomes more ...

That’s because Teslas’ advanced technology and pricey batteries cost more to repair, according to Insurify, a company that compares American insurance rates for consumers. A damaged Tesla ...

862 A+ An icon in the shape of an angle pointing down. Founded in 1907 as The Automobile Mutual Insurance Company of America, Amica Auto Insurance Insurance Company is well-regarded in auto insurance.

An icon in the shape of an angle pointing down. Lemonade Pet Insurance is a relatively new pet insurance company. Aside from pet insurance, it also offers home, car, and renters insurance (which ...

CIO Robert Pick is both passionate and realistic about how artificial intelligence (AI) will impact the insurance industry.

Drivers could be using AI-generated images to exaggerate car damage to claim more car insurance ... stressed the company had basic balance validation checks to support claims handlers.

OpenAI is introducing image generation directly within ChatGPT. Powered by its flagship multimodal model, GPT-4o, the chatbot can now create visuals straight from the chat interface. The feature ...

Commissions do not affect our editors' opinions or evaluations. Allianz is the best small business insurance company, earning five stars in our analysis of 24 insurers. Small business insurance ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...