On August 7, 2024, Michigan issued Bulletin 2024-20-INS on the Use of Synthetic Intelligence Techniques By Insurers. The Bulletin is relevant to all Insurers, Nonprofit Well being Companies Plans, HMOs, and Dental Plan Organizations (collectively, “Insurers”) holding certificates of authority to do enterprise in Michigan and is predicated upon the NAIC Mannequin Bulletin on the Use of AIS by Insurers.
Please check with record of AI Insurance coverage Steerage beneath.
NAIC AI Mannequin Bulletin – Adopted States
- Alaska: Bulletin B 24-01 – Adopted February 1, 2024
- Arkansas: Bulletin 13-2024 – Adopted July 31, 2024
- Connecticut: Bulletin No. MC-25 – Adopted February 26, 2024
- DC: Bulletin 24-IB-002-05/21 – Adopted Could 21, 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
- Nebraska: Steerage IGD-H1 – Adopted June 11, 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
- Virginia: Administrative Letter 2024-01 – Issued July 22. 2024
- Washington: Technical Help Advisory 2024-02 – Adopted April 22, 2024
Different AI Insurance coverage Division Steerage
- Colorado: Bulletin B-10.003 – Issued Could 24, 2024
- Colorado: Bulletin B-10.001 – Issued December 4, 2023
- Colorado: 3 CCR 702 Reg. 10-1-1 et seq. – Dated July 23, 2023
- Colorado: Colo. Rev. Stat. s 10-3-1104.9 – Efficient November 14, 2023
- New York: DFS Round Letter No. 7 – Issued July 11, 2024
- New York: DFS Proposed Insurance coverage Round Letter – Issued January 17, 2024
Please contact your Locke Lord LLP legal professional if in case you have any extra questions.
