State regulators approved more than 80% of insurers’ requests to exclude AI-related damages from standard general liability policies, Chamath Palihapitiya said.

State regulators approved more than 80% of insurers’ requests to exclude AI-related damages from standard general liability policies, Chamath Palihapitiya said. The change affects forms used by about 82% of carriers, signaling a widening coverage gap for AI risk.