AI & Insurance Corporations

https://www.msn.com/en-us/news/technology/ar-AA1onU5O
It was already a hectic day when my insurance broker left a frantic voicemail telling me that my homeowner’s insurance had lapsed. I felt nauseous and naked. Suddenly, any leak, fire, or tree branch falling onto the hundred-year-old Hudson Valley house that’s been in my family for nearly 40 years could wipe out my bank account. I spiraled in shame. How did I let this happen? Did I forget to update a credit card? Did I miss a bill? Did I do something wrong with the policy? But when I checked my records, even the Travelers website, there was nothing.

A few hours later, my panic turned to bewilderment. When I finally reached my insurance broker, he told me the reason Travelers revoked my policy: AI-powered drone surveillance. My finances were imperiled, it seemed, by a bad piece of code.

OK in this case, a glitch. Any doubts though that insurance companies are out to shake as much money as possible from you?

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