Berkshire Hathaway, Chubb Win Approval to Drop AI Insurance Coverage
Insurance giants just carved out a loophole. AI-caused damages? Not covered. Here's why that matters for your AI stack.
Why it matters
Major insurers are officially de-risking themselves from AI liability by excluding generative AI damages from corporate policies. This regulatory approval signals that the insurance industry views AI as an uninsurable risk category—forcing enterprises to either self-insure AI operations or face coverage gaps that could crater valuations in a liability event.
The key facts
5 to knowBerkshire Hathaway, Chubb, Travelers securing state regulator approval for AI exclusions
Exclusions targeting general liability policies for AI-agent-caused damages
Specific risk cited: AI agents improperly using copyrighted material in automated tasks
Major insurance brokers (Aon, Gallagher, Lockton) confirm industry shift
Regulatory green-light from U.S. state regulators enables widespread policy changes
Go to the source
The Informationtheinformation.com
Publisher excerpt: Major insurers including Berkshire Hathaway, Chubb and Travelers are taking steps to cut AI-related damages from corporate insurance policies, and U.S. state regulators are giving them the green light. Insurers are trying to get ahead of risks from companies that use generative artificial…