Too Early For New AI Liability Rules, EU Insurers Say

Law360, London (February 16, 2021, 1:29 PM GMT) -- Any new insurance regulation requiring mandatory cover for artificial intelligence technology would be premature because of untested questions about liability, the sector's European trade body said on Tuesday.

 

Insurance Europe said that AI technology is still in the early phases of development and that any move to draft laws to govern liability on such advanced systems should be deferred.

"Major changes to the existing liability framework — for instance, creating a separate liability regime for AI, introducing mandatory insurance, removing exemptions to liability or making any changes to the burden of proof — could result in challenging insurability issues," the...

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