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New York Department of Financial Services Proposes Circular to Address Insurance Companies’ Use of Artificial Intelligence

On Jan. 17, the New York Department of Financial Services (“NYDFS” or “Department”) issued for public comment a proposed circular letter (“Circular”) for addressing the use of artificial intelligence systems (“AIS”) and...more

Google Mandates Licensure for Health Insurance Advertisers / Lead-Gens

Starting on June 2, 2021, Google will restrict who can advertise health insurance to just government exchanges, first-party providers and licensed insurance producers. Promoters such as lead generators will need to obtain...more

Hackers Targeting Insurance Instant Quote Sites

The New York Department of Financial Services issued a cybersecurity fraud alert (“Alert”) to all regulated entities, particularly those utilizing public-facing websites that display nonpublic information (“NPI”), even if...more

State Departments of Insurance Continue to Follow the NAIC or New York in Implementing Cybersecurity Regulations

State regulators continue to implement insurance-specific cyber and data security regulations, drawing on either the National Association of Insurance Commissioners Insurance Data Security Model Law (“Model Law”) or the New...more

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