How Climate Change Can Cause a Home Insurance Meltdown

This webinar will focus on the following: (1) the use of Artificial Intelligence (AI) by insurers, and how state insurance regulators and legislators are responding; (2) challenges posed by climate change to the insurance industry, along with the ongoing and anticipated regulatory reaction; (3) regulatory developments in the cyber insurance market following emerging trends in the cyber threat landscape. More specifically, Elliott M. Kroll, Partner, and Richard Liskov, Senior Counsel, at ArentFox Schiff LLP, will discuss the fundamentals of AI and its applications in underwriting, rating, and claims processing, and using complex AI models within regulatory frameworks. In addition, the presenters will address the impact of climate change in the insurance industry and strategies for adapting to it, as well as how the NAIC and individual state regulators are responding to the impact of global warming on insurance. Lastly, this program will tackle the challenges faced by insurance companies in mitigating cyber incident regulatory risk amidst stringent data regulations and rising cybersecurity threats.
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