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In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.

Two experts from Aon explain how businesses can protect themselves and their employees when catastrophe strikes.

Companies can collect and analyze customer data to provide tailored offerings and targeted promotions based on customer behavior, preferences, and risk profiles.

Data scientist Cathy O'Neil warns that insurance companies need more risk pooling.

FTC Chair Lina Khan, who testified before Congress Thursday, has raised concerns about AI before, saying enforcers "need to be vigilant early" with transformative tools like artificial intelligence.

Property and casualty players have struggled to maintain profitability as they deal with a greater frequency and severity of accidents, combined with higher costs to repair or replace damaged vehicles, as well as heightened costs linked to extreme weather events.

In May, the California Department of Insurance sent surveys to property & casualty insurers, to get information about how insurers are using tools like big data, artificial intelligence and machine learning in their decision making processes.

Digital insurance companies could pay more to use banking services that have previously been virtually free as banks tighten regulations and increase prices.

The plea deal ended an embarrassing chapter for the German insurance giant, which agreed to sell the bulk of Allianz Global Investors US to Voya Financial Inc. after the unit was banned for a decade from some fund services in the country.

State Farm and Allstate are no longer writing new homeowner policies in California. But some insurtechs argue that with better data, carriers can make more nuanced decisions.