On July 11, 2024, the New York Department of Financial Services (“NYDFS”) released Insurance Circular Letter No. 7, which establishes guidelines on the use of artificial intelligence systems (“AIS”) and external consumer data...more
8/12/2024
/ Anti-Discrimination Policies ,
Artificial Intelligence ,
Discrimination ,
Enforcement Priorities ,
Insurance Industry ,
NYDFS ,
Pricing ,
Regulatory Oversight ,
Risk Management ,
Transparency ,
Underwriting ,
Vendor Contacts
Our Privacy, Cyber & Data Strategy Group analyzes important guidance from the NYDFS on how insurers use external consumer data and information sources and artificial intelligence systems....more
On August 28, 2023, the California Privacy Protection Agency (the “Agency”) released two sets of draft regulations under the California Consumer Privacy Act (the “CCPA”), one for risk assessments and another for cybersecurity...more