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Machine Learning Insurance Industry Insurance Regulations

Zelle  LLP

AI Update: Insurance Commissioners Challenge One Big Beautiful Bill Act’s Definition of Artificial Intelligence

Zelle LLP on

One Big Beautiful Bill Act (“OBBA”) which would impose a 10-year freeze on new state-level artificial intelligence regulations and suspend enforcement of existing ones is being challenged by several state insurance...more

Latham & Watkins LLP

New York Regulator Issues Proposed AI Guidance for Insurers

Latham & Watkins LLP on

On January 17, 2024, the New York State Department of Financial Services (DFS) issued for public comment a proposed circular letter on the use of AIS and external data sources by New York-authorized insurers (the Proposed...more

Hogan Lovells

InsurTech: IVASS launches a survey on the use of Machine Learning algorithms by insurance companies

Hogan Lovells on

IVASS has launched a survey aimed at understanding the use of Machine Learning algorithms by Italian insurance undertakings and Italian branches of non-EU insurance undertakings, which are required to fill in a specific...more

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