Insurability and Liability for AI-Caused Harms

Key Points

• Liability concerns rise as artificial intelligence technologies develop, reflecting their potential to cause harm.
• Identifying clear liability is crucial for ensuring accountability in AI deployments and facilitating risk management.
• An assessment of existing liability frameworks reveals gaps in addressing AI-specific challenges, particularly in tort law.
• Understanding insurability of AI-caused harms is essential for market stability and growth in AI applications.],