Insurance industry reps leery of NAIC big data, AI questions
March 28, 2023 by John Hilton
A state insurance industry regulator group intent on questioning insurers on their use of models and big data managed to unite industry and consumer representatives in opposition Wednesday.
In December, the Big Data and Artificial Intelligence Working Group exposed its draft Model and Data Regulatory Questions. The 10-page document include two sections of questions on how insurers use models, input data and use third-party data.
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Originally Posted at InsuranceNewsNet on March 23, 2023 by John Hilton.
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