New Jersey Adopts Bulletin on AI Use in Insurance

Troutman Pepper Locke
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Troutman Pepper Locke

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 Jersey. New Jersey becomes the 23rd state to adopt the bulletin based on the NAIC Model Act on the Use of AIS by Insurers.

See the attached Bulletin 25-03.

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