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Maryland Issues Bulletin No. 24-11 on the Use of AI in Insurance | Locke Lord LLP - Vimarsana News

Maryland Issues Bulletin No. 24-11 on the Use of AI in Insurance | Locke Lord LLP

Commissioner Kathleen Birrane, Maryland Insurance Administration, on April 22, 2024 issued Bulletin No. 24-11, The Use of Artificial Intelligence Systems in Insurance (the “Bulletin”)....

New York State Department of Financial Services Issues Proposed Artificial Intelligence Circular Letter | Mayer Brown - Vimarsana News

New York State Department of Financial Services Issues Proposed Artificial Intelligence Circular Letter | Mayer Brown

On January 17, 2024, the New York State Department of Financial Services (“NYSDFS”) released a proposed circular letter addressing the use of external consumer data and information...

Artificial Intelligence Regulation in the ‎Insurance Industry – 2023 a Year in Review | Locke Lord LLP - Vimarsana News

Artificial Intelligence Regulation in the ‎Insurance Industry – 2023 a Year in Review | Locke Lord LLP

2023 has been a very productive year for regulators advancing their efforts to understand new technologies and consider whether and how to regulate the rapidly developing technologies,...

US NAIC Fall 2023 National Meeting Highlights: Big Data And Artificial Intelligence (H) Working Group - Fin Tech - Vimarsana News

US NAIC Fall 2023 National Meeting Highlights: Big Data And Artificial Intelligence (H) Working Group - Fin Tech

On December 1, 2023, the Big Data and Artificial Intelligence (H) Working Group ("BDAI Working Group"), a working group of the Innovation, Cybersecurity, and Technology (H) Committee ("H Committee")...

Source: mondaq.com
NAIC Members Approve Model Bulletin on Use of AI by Insurers - Vimarsana News

NAIC Members Approve Model Bulletin on Use of AI by Insurers

/PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) Membership voted to adopt the Model Bulletin on the Use of Artificial Intelligence...