Big Data Carries Big Potential For Insurance Discrimination, Regulators Say
April 20, 2021 by John Hilton
The growth of analytics, artificial intelligence and Big Data capabilities created a monster of sorts with many legal and ethical ramifications in the insurance world.
Regulators and lawmakers have been busy trying to stay one step ahead of potential trouble with the technology. LIMRA hosted a panel discussion on these topics Tuesday titled “Regulation of Big Data and Predictive Models” at the virtual Life Insurance Conference from LIMRA, LOMA and LL Global.