Ethics of the Use of AI in the Insurance Industry

Описание: In this video, we explore the ethical implications of artificial intelligence in the insurance industry. As AI becomes increasingly integrated into underwriting, claims processing, fraud detection, and pricing models, legal and regulatory concerns continue to grow.
This discussion examines:

• How AI is used in underwriting and claims decisions
• Bias and fairness concerns in algorithmic risk assessment
• Transparency and explainability in automated decision-making
• Good faith obligations and potential bad faith issues
• The role of human oversight in AI-driven systems
• Privacy considerations in data-driven insurance models

The focus is on the intersection of technology, insurance regulation, and professional responsibility. Students are encouraged to think critically about how efficiency, cost reduction, and automation must be balanced with fairness, accountability, and consumer protection.

This video is designed for students studying insurance law, particularly those preparing for careers as paralegals, compliance professionals, or future attorneys. Understanding the legal and ethical landscape surrounding AI in insurance is increasingly important in modern practice.

Video Companion for:
PA342 - Unit 10