insurance AI

GTCR and Elliott agreed to take CCC private at a $6.1B enterprise value, with closing expected in Q1 2027. Carriers and repair shops running Estimate-STP and CCC ONE have until then to get price caps, data-use limits and exit rights into their contracts.

Colorado's ECDIS rules make your chief risk officer attest to the fairness framework, and the testing method is still unadopted. Run disparity tests on your own book with a named estimator and get remediation terms from the model vendor in writing.

For annual 10 m scoring, AlphaEarth embeddings plus a few hundred of your own labels match a bespoke imagery pipeline. Pin the version, validate with a geographic buffer, and keep the per-scene vendor only for daily or sub-metre work.

Version 5.0 of the NAIC's AI Risk Evaluation Supplement starts state exams with a model inventory scoped by a materiality threshold the examiner sets or asks the insurer to supply and explain. Comment letters are in, and the working group meets October 8.

Adlib is buying Paperbox, the Ghent AI vendor that triages European insurers' claims email and trains on anonymized transactions. The release says nothing on residency, sub-processors or pricing, so DORA-scoped insurers should treat it as a change-of-control review.