AI Regulation Faces Test on Life Insurance in Colorado
April 4, 2023 by Lucy Papachristou, Bloomberg News
The Colorado Division of Insurance proposed new rules last month that would require state-licensed life insurers to provide an inventory of all AI models they use, establish strict governing principles on how they deploy algorithms, and submit to significant oversight and reporting demands.
Originally Posted at BNN Bloomberg on March 28, 2023 by Lucy Papachristou, Bloomberg News.
Categories: Industry Articles