Meghana Shah

Meghana Shah

Eversheds Sutherland (US) LLP

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Testing for AI bias: Colorado Division of Insurance proposes first-of-its kind regulation requiring life insurers to test their...

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 insurance underwriting practices for...more

11/20/2023  /  Algorithms , Artificial Intelligence , Insurance Industry , Insuretech Sector , Life Insurance , Proposed Regulation , Underwriting

Colorado Division of Insurance proposes significant revisions to its draft algorithm and predictive model governance regulation...

On May 26, 2023, the Colorado Division of Insurance (CDI) exposed, for public review and comment, a significantly revised draft of its proposed regulation (the Revised Draft Reg.) addressing the governance and risk management...more

6/15/2023  /  Algorithms , Department of Insurance , Governance Standards , Insurance Industry , Life Insurance , Predictive Analytics , Proposed Regulation , Public Comment , Risk Management

Colorado Division of Insurance’s first installment of regulations prohibiting the use of external consumer data and algorithms and...

On February 1, 2023, the Colorado Division of Insurance (CDI) released a draft of the first of several regulations to implement S.B. 21-169, Colorado’s 2021 law prohibiting insurers from using external consumer data and...more

2/13/2023  /  Algorithms , Anti-Discrimination Policies , Insurance Industry , Personal Data , Proposed Regulation , Protected Class , Risk Management , State Insurance Administrations
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