insurance trends

The Ethics of AI-Driven Insurance Pricing: Balancing Fairness and Profitability

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Artificial intelligence (AI) is revolutionizing the insurance industry, particularly when it comes to pricing policies. By analyzing vast amounts of data, AI algorithms can assess risk with incredible accuracy, allowing insurers to set premiums that reflect the true likelihood of a claim. However, the use of AI in insurance pricing also raises important ethical questions. … Read more

The Growing Importance of Mental Health Coverage in Insurance Plans

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Mental health has become a critical issue in today’s fast-paced and often stressful world. With increasing awareness of mental health conditions such as anxiety, depression, and stress-related disorders, the demand for comprehensive mental health coverage in insurance plans has grown significantly. The COVID-19 pandemic further highlighted the importance of mental health, as lockdowns, social isolation, … Read more