DC Adopts Bulletin 24-IB-002-05/21 on the Use of Synthetic Intelligence Methods in Insurance coverage

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New York Department of Financial Services Issues Guidance on Insurance Loss Mitigation ‎Tools and Services

On Might 21, 2024, the DC Insurance coverage Commissioner, Karima M. Woods, issued Bulletin 24-IB-002-05/21 on the Use of Synthetic Intelligence Methods in Insurance coverage to all Insurers licensed to do enterprise within the District of Columbia.

Read the Bulletin.

  • This brings the full to 12 jurisdictions which have adopted the NAIC Mannequin Bulletin on the Use of AI Methods in Insurance coverage. The next have additionally been adopted:
    • Alaska: Bulletin B 24-01 – Adopted February 1, 2024
    • Connecticut: Bulletin No. MC-25 – Adopted February 26, 2024
    • Illinois: Firm Bulletin 2024-08 – Adopted March 13, 2024
    • Kentucky: Bulletin No. 2024-02 – Adopted April 16, 2024
    • Maryland: Bulletin No. 24-11 – Adopted April 22, 2024
    • Nevada: Bulletin 24-001 – Adopted February 23, 2024
    • New Hampshire: Bulletin Docket #INS 24-011-AB – Adopted February 20, 2024
    • Pennsylvania: Insurance coverage Discover 2024-04, 54 Pa.B. 1910 – Issued April 6, 2024
    • Rhode Island: Insurance coverage Bulletin No. 2024-03 – Issued March 15, 2024
    • Vermont: Insurance coverage Bulletin No. 229 – Adopted March 12, 2024
    • Washington: Technical Help Advisory 2024-02 – Adopted April 22, 2024

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