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 October 16, 2024, the NY DFS issued an Industry Letter explaining “how Covered Entities should use the framework set forth in Part 500 to assess and address the cybersecurity risks arising from AI.”...more
On August 13, 2023, insurance regulators and the insurance industry met in Seattle, Washington at the NAIC Summer Meeting and continued to address the challenges of monitoring and regulating the insurance industry’s use of...more