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Goodwin

How States Are Stepping in to Regulate AI

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States are stepping in to regulate AI amid an absence of federal legislation to address fast-changing developments with the technology. This spring, Colorado became the first state to pass a comprehensive piece of AI...more

Spilman Thomas & Battle, PLLC

The Health Record - Healthcare Law Insights, Issue 3, July 2024

Welcome to our third issue of The Health Record - our healthcare law insights e-newsletter! We are winding down the summer with our talented group of law students and they have continued to research and write, shadow...more

McDermott Will & Emery

State Regulators Address Insurers’ Use of AI: 11 States Adopt NAIC Model Bulletin

In December 2023, the National Association of Insurance Commissioners (NAIC) adopted a Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers. The model bulletin reminds insurance carriers that they...more

Jenner & Block

Client Alert: The Illinois State Courts Strike Back: The Future of BIPA Litigation After Visual Pak

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The fingerprints of the federal courts are all over Biometric Information Privacy Act (BIPA) jurisprudence, and Illinois state courts may want to change that. A recent Illinois Appellate Court decision disagreed with a...more

Eversheds Sutherland (US) LLP

NAIC Report - 2023 Summer National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2023 Summer National Meeting from August 12 to 16 in Seattle, Washington. As has become the norm, a number of relevant NAIC working groups and task forces...more

Fenwick & West LLP

NAIC Considers Use of and Reliance on Third-Party AI Systems

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At the recent National Association of Insurance Commissioners (NAIC) meeting in Seattle (August 12 – 16), the newly unveiled exposure draft of the proposed NAIC Model Bulletin “Use of Algorithms, Predictive Models, and...more

Eversheds Sutherland (US) LLP

NAIC Report - 2022 Fall National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2022 Fall National Meeting from December 12-16 in Tampa, Florida. The agenda for this National Meeting was limited, with a number of NAIC working groups...more

Mitchell, Williams, Selig, Gates & Woodyard,...

National Association of Insurance Commissioners (NAIC) 2022 Summer Meeting Summary

The Mitchell Williams Insurance Regulatory team of lawyers recently attended the National Association of Insurance Commissioners (NAIC) 2022 Summer National Meeting which was held in Portland, Oregon on August 9-13th. We have...more

Eversheds Sutherland (US) LLP

NAIC report - 2021 Fall National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2021 Fall National Meeting from December 11 to 16 in San Diego, California. The meeting was held in a hybrid in-person and remote format due to the ongoing...more

BCLP

Emerging Themes in Financial Regulation 2020

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Under the Senior Managers and Certification Regime (“SMCR”), firms are required to identify and report to the FCA any instances of disciplinary action taken in relation to conduct that would amount to a breach of one of the...more

Eversheds Sutherland (US) LLP

NAIC Report – 2019 Fall National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2019 Fall National Meeting from December 7 through 10 in Austin, Texas. Notable developments from the Fall National Meeting include: ..Bermuda, Japan and...more

Cooley LLP

Alert: ITC Conference Highlights

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The Cooley team had a busy ITC, attending seminars and breakouts, meeting clients and contacts and immersing themselves in the world of Insurtech. ...more

Cooley LLP

Blog: Big Data and Insurance – The Regulatory Approval Process for Insurtech Data Models

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Data is often the key ingredient to an insurtech’s success. From the use of drone data to automatically pay insurance claims after a hurricane, to AI that can predict the likelihood of insurance fraud – big data has the...more

Eversheds Sutherland (US) LLP

NAIC Report – 2019 Summer National Meeting

The National Association of Insurance Commissioners (NAIC) held its 2019 Summer National Meeting from August 3 through August 6 in New York City. Typically the sleepier one among the NAIC’s three national meetings, this year...more

Locke Lord LLP

Insurance Industry for InsurTech Noobs

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So you developed the newest insurance innovation that is going to revolutionize the industry -congratulations! But we also have a couple of questions: - What sector of the industry? Property & Casualty? Life? Health?...more

Carlton Fields

NAIC Summer National Meeting Spotlights Innovation and Insurtech

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In response to the accelerating pace of change, the NAIC’s Summer National Meeting in Boston focused on innovation and insurtech....more

McGuireWoods LLP

Insuring Automated Vehicles – A Critique of Travelers’ Institute White Paper

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Introduction - Autonomous vehicles (“AVs”) are constantly in the news. A range of technology companies, such as Google and Uber, as well as automotive manufacturers, are leading the development of vehicles with autonomous...more

Saul Ewing LLP

InsurTech Innovations in Life Insurance: Reaching the Largest Living Generation

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According to the U.S. Census Bureau, millennials are now the largest living generation. As the generational makeup of customer bases evolve, so too do customer expectations in how they apply for and obtain insurance....more

Polsinelli

Taking InsurTech on the Road: Mobile App Bumps and Solutions

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As insurers, agencies, producers and service companies seek to become more efficient and competitive in the InsurTech marketplace, offering mobile apps seems to be one obvious solution. ...more

Carlton Fields

Major Disruption in the Use of Technology and Trademarks in the Insurance Industry

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A major study recently emerged regarding insurance industry brands. The study, conducted on the world’s top 10 insurance companies by brand value, shows that an industry transformation is occurring, and that insurers that...more

Mintz

NAIC Insurance Summit 2017: Innovation and Disruption Are Top of Mind for State Regulators

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From May 22-26 Mintz Levin participated in the annual NAIC Insurance Summit in Kansas City. A main theme of this year’s Summit was technology and innovation. The Summit was remarkable in that it served as a meeting grounds...more

Hogan Lovells

UK: A new insurance framework for driverless cars – Government Bill provides details

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The Government has introduced the Vehicle Technology and Aviation Bill to Parliament, setting out in detail how the UK’s compulsory motor insurance framework will be amended to handle automated vehicles....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A collection of corporate heavy hitters are betting big on the blockchain technology behind bitcoin rival Ethereum to build a computing system to track data and financial contracts. The project is seen by some as a way to...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Former AIG chief Hank Greenberg and his co-defendant, AIG’s former CFO, reached an “unexpected” settlement last week with NY officials. The duo will fork over about $10 million in bonuses payments and admit that they...more

Robins Kaplan LLP

The Robins Kaplan Insurance Insight - Vol. 1, No. 1

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Welcome to our newest publication, The Robins Kaplan Insurance Insight. Our goal is to deliver practical content to help you navigate the current challenges and latest developments in the insurance industry. This newsletter...more

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