Annuities in Play as Colorado Regulates Life Insurance Data, Attorneys Predict
October 3, 2023 by Allison Bell
Two insurance regulatory law specialists say the effort that created the new Colorado life insurance technology unfair discrimination regulation will likely expand to affect annuities.
The Colorado regulation will also do more to affect how insurers operate than other state efforts to address concerns about new forms of decision-support technology, the lawyers predicted.
Paige Waters, a partner at Locke Lord, and Stephanie O’Neill Macro, an attorney of counsel with the firm, talked about the new regulation of external consumer data and information sources, or ECDIS, in an email interview.
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