Colorado has become the first state to pass legislation (SB24-205) regulating the use of artificial intelligence (AI) within the United States. This legislation is designed to address the influence and implications,...more
5/14/2024
/ Algorithms ,
Anti-Fraud Provisions ,
Artificial Intelligence ,
Bias ,
Colorado ,
Data Protection ,
Disclosure Requirements ,
Machine Learning ,
New Legislation ,
Non-Discrimination Rules ,
Personal Data ,
Regulatory Reform
On November 14, 2023, the Colorado Division of Insurance’s AI insurance regulations went into effect. Colorado is now the first state in the nation to adopt regulations specifically aimed at insurance algorithms....more
The Colorado Department of Law (“DoL”) has published a shortlist of potential universal opt-out mechanisms (“UOOMs”). Beginning on July 1, 2024, companies will be required to allow consumers to opt out of the sale of their...more