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Insurance should be the industry that leads all industries on demonstration of responsible and ethical AI governance,” he writes, noting that the measures insurers take internally aren’t just good business practices. They also position carriers to better evaluate—and backstop—the use of AI by other companies.
The National Association of Insurance Commissioners (NAIC) Membership voted to adopt the Model Bulletin on the Use of Artificial Intelligence Systems by Insurers during the 2023 Fall National Meeting.
Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence, otherwise known as the foundation of the EU AI Act.
The NAIC has enacted their model bulletin on the use of artificial intelligence systems by insurers. Public comment periods started in August 2023 and was adopted by both the H-committee and Executive committee in December 2023.
Tim Rourke of WTW with points to consider about data science in insurance. When analytics teams get too focused on the tech, the business impact gets lost.
Learn the top mistakes enterprises will likely make when deploying generative AI independently.
In this article from Fast Company, learn how educated and well-intentioned scientists can still produce biased AI systems.
May 2023 - European lawmakers vote overwhelmingly in favor of adopting the first AI Act, a proposed law that aims to protect people from the technology's risks.
Anthony Habayeb founded Boston-based artificial intelligence software company Monitaur four years ago in 2019. A year later, the COVID-19 pandemic hit.
Two developments in 2023 especially will inform the approaches that insurance regulators will take for artificial intelligence in the years ahead.
It is becoming more urgent that automated decisions are fair and ethical. But how we address this task of assuring fair and ethical algorithmic decision-making remains a gray area. What does an ethical decision really mean?