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Testing for AI bias: Colorado Division of Insurance proposes first-of-its kind regulation requiring life insurers to test their underwriting process for racial and ethnic bias | Eversheds Sutherland (US) LLP - Vimarsana News

Testing for AI bias: Colorado Division of Insurance proposes first-of-its kind regulation requiring life insurers to test their underwriting process for racial and ethnic bias | Eversheds Sutherland (US) LLP

Published: November 20, 2023

On September 28, 2023, the Colorado Division of Insurance (CDI) released the first-of-its kind draft proposed regulation (Testing Regulation) for testing the outcomes of certain life...

Source: jdsupra.com
Related Topics:
United StatesEversheds SutherlandColorado Division Of InsuranceColorado DivisionTesting RegulationBayesian Improved First Name Surname GeocodingAsian Pacific IslanderVoting Rights ActApproval Decision
Colorado Exposes Draft Life Insurance ‎AI Data Testing Regulations for Unfair ‎Discrimination | Locke Lord LLP - Vimarsana News

Colorado Exposes Draft Life Insurance ‎AI Data Testing Regulations for Unfair ‎Discrimination | Locke Lord LLP

Published: October 10, 2023

On September 27, 2023, the Colorado Division of Insurance (the “Division”) exposed a new proposed regulation entitled “Concerning Quantitative Testing of External Consumer Data and...

Source: jdsupra.com
Related Topics:
United StatesLocke LordColorado Division Of Insurance TheColorado DivisionQuantitative TestingExternal Consumer DataInformation SourcesPredictive Models UsedLife Insurance UnderwritingUnfairly DiscriminatoryTesting RegulationRisk Management