Who covers AI business blunders? Some insurers cautiously step up

"The whole intent of using advanced AI is to substantially replace human assistance and oversight in decisions," said Phil Dawson, head of AI policy and partnerships at the specialist insurer Armilla. The trend of "agentic AI" has taken off, with bots handling computer tasks by themselves and businesses trimming ranks of human workers as a result. "That really challenges some of the fundamental logic of existing insurance coverage," Dawson said. Companies in the AI race are striving to perfect the technology...