Insurance

Insurers limit coverage for AI firms amid rising lawsuits

OpenAI and Anthropic are exploring the use of investor funds to cover potential multibillion-dollar lawsuit settlements, as insurers hesitate to provide full protection for AI-related risks. The companies face significant legal challenges, including copyright infringement and wrongful death claims. This development highlights the growing insurance gap for emerging AI technologies.

Fewer seniors expected to enroll in Medicare Advantage next year

Enrollment in Medicare Advantage plans is projected to decline for the first time in over a decade, with more seniors opting for original Medicare in 2025. Insurers are scaling back offerings amid rising costs and regulatory pressures. This shift could affect millions of beneficiaries seeking coverage.

Humana previews higher Medicare Advantage star ratings

3 Mwezi wa kumi, 2025 Imeripotiwa na AI

Health insurer Humana has provided an early look at its Medicare Advantage plan ratings, projecting an average of 4.38 stars for 2025. The company anticipates improved reimbursements as a result. Shares in Humana rose nearly 9% following the announcement.

California targets Tesla insurance with enforcement actions

7 Mwezi wa kumi, 2025 Imeripotiwa na AI

California's insurance regulator has launched enforcement actions against Tesla Insurance and its former underwriter for repeated failures in handling policyholder claims. The companies face potential license suspension, revocation, and hefty fines if they do not resolve outstanding issues. Complaints have surged since 2022, highlighting delays, denials, and staffing shortages.

California probes Tesla insurance for unfair claims practices

6 Mwezi wa kumi, 2025 Imeripotiwa na AI