{"id":930044,"date":"2025-05-13T06:49:39","date_gmt":"2025-05-13T01:19:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=930044"},"modified":"2025-05-13T06:53:09","modified_gmt":"2025-05-13T01:23:09","slug":"ai-hallucination-puts-firms-at-risk-new-insurance-covers-legal-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/13\/ai-hallucination-puts-firms-at-risk-new-insurance-covers-legal-costs\/","title":{"rendered":"AI hallucination puts firms at risk? New insurance covers legal costs"},"content":{"rendered":"<p>Insurers at Lloyd&#8217;s of London have introduced a new insurance product designed to protect businesses from financial losses arising from artificial intelligence system failures, according to a report by The Financial Times. The insurance, developed by Y Combinator-backed start-up Armilla, provides coverage for legal claims against companies when AI tools generate inaccurate outputs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insurers at Lloyd&#8217;s of London have introduced a new insurance product designed to protect businesses from financial losses arising from artificial intelligence system failures, according to a report by The Financial Times. The insurance, developed by Y Combinator-backed start-up Armilla, provides coverage for legal claims against companies when AI tools generate inaccurate outputs.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-930044","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=930044"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930044\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=930044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=930044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=930044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}