Tiffany Bustamante and Abigail C. Horvat provided their commentary in the article "Cozen O’Connor Attorneys Discuss How Insurers Will Approach Artificial Intelligence Liability Issues" for Mealey's Litigation Report: Texas Insurance. Mealey’s Litigation Report recently asked Tiffany and Abigail for their thoughts on how insurers will cover artificial intelligence liabilities.

Tiffany and Abigail said, "It is difficult to fathom a commercial line that will not be impacted by AI as more and more companies roll out pilot programs and professionals adopt varying uses across all industries. At the forefront are the anticipated changes to traditional commercial general liability (CGL) policies, products liability policies and directors and officers (D&O) liability policies." 

Tiffany and Abigail also commented, "Artificial intelligence is driving transformative efficiencies in insurance underwriting, fraud detection, and claims processing, with many leading U.S. insurers already reaping benefits. These innovations offer faster service, cost savings, and novel insights into risk, positioning insurers to compete in a data-driven market."

To read the full article, click here.