On July 11, 2024, the New York State Department of Financial Services (NYSDFS) adopted a final circular about the "Use of Artificial Intelligence ("AI") Systems and External Consumer Data and Information Sources in Insurance...more
8/26/2024
/ Algorithms ,
Artificial Intelligence ,
Automation Systems ,
Corporate Governance ,
Data Use Policies ,
Discrimination ,
Enforcement Priorities ,
Insurance Industry ,
New York ,
NYDFS ,
Risk Mitigation ,
Underwriting
On December 8, 2023, the California Privacy Protection Agency (CPPA) moved forward with an insurance regulation that could expand the privacy compliance obligations of insurance companies. The California Privacy Rights Act...more