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NAIC Forms Third-Party Data and Models Task Force and Proposes 2024 Charges and Work Plan

At the recent National Association of Insurance Commissioners (NAIC) meeting in Phoenix, Arizona (March 14–18), a new Third-Party Data and Models Task Force (Task Force) was created. The charges of the Task Force are twofold....more

The Shifting Regulatory Landscape for Level-Funded Plans: An Alternative for Group Health Insurance

In the constantly changing health insurance landscape, level-funded health plans are steadily gaining ground as a viable middle approach between fully insured health plan and self-funded health plans—arguably offering...more

Best Practices for Utilizing AI/ML Tools as NAIC Adopts the Model Bulletin on Use of AI

At the recent 2023 national meeting of the National Association of Insurance Commissioners (NAIC) in Orlando (November 30 – December 4), the Innovation Cybersecurity and Technology Committee of NAIC (the “H Committee”) and...more

NAIC Considers Use of and Reliance on Third-Party AI Systems

At the recent National Association of Insurance Commissioners (NAIC) meeting in Seattle (August 12 – 16), the newly unveiled exposure draft of the proposed NAIC Model Bulletin “Use of Algorithms, Predictive Models, and...more

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