The insurance industry is facing increased scrutiny from insurance regulators related to its use of artificial intelligence (AI). Red teaming can be leveraged to address some of the risks associated with an insurer’s use of...more
8/13/2025
/ Artificial Intelligence ,
Consumer Insurance Products ,
Consumer Privacy Rights ,
Corporate Governance ,
Cybersecurity ,
Data Management ,
Innovative Technology ,
Insurance Regulations ,
Machine Learning ,
NAIC ,
NIST ,
NYDFS ,
Regulatory Requirements ,
Risk Management
On February 11, New Jersey Banking and Insurance Commissioner Zimmerman issued Bulletin 25-03 regarding the use of artificial intelligence systems (AIS) in insurance, applicable to all insurers authorized or admitted in New...more
On February 5, Delaware joined 21 jurisdictions who adopted guidance similar to the NAIC Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers in 2024, and four additional jurisdictions have otherwise...more
2/10/2025
/ Artificial Intelligence ,
Commercial Insurance Policies ,
Consumer Insurance Products ,
Data Privacy ,
Data Security ,
Delaware ,
Insurance Regulations ,
NAIC ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management