New claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making payments. The rules, which took effect Oct. 18, require insurers to notify policyholders within 30 …
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks the same approach can be