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NYDFS Just Shook Up Insurance AI; Here's What Insurers Need To Know

Published: January 23, 2024

Last week the New York Department of Financial Services issued a proposed circular on using AI and alternative data. Here's everything insurance carriers need to know.

Source: forbes.com

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Party VendorsYork Department Of Financial ServicesNew York DepartmentFinancial ServicesFairness TestingCertain DataValidity RequirementLess Discriminatory AlternativesDetection MandateAdverse Impact RatiosStandardized Mean DifferencesThird Party Vendors