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Weber Gallagher Simpson Stapleton Fires &...

The Legal Landscape of AI in Insurance: What New York Insurers Need to Know

Weber Gallagher Simpson Stapleton Fires &... on

This update provides an overview of the legal and regulatory considerations surrounding the use of artificial intelligence (AI) products and New York law in insurance products; with a particular focus on underwriting,...more

Latham & Watkins LLP

New York Regulator Issues Proposed AI Guidance for Insurers

Latham & Watkins LLP on

On January 17, 2024, the New York State Department of Financial Services (DFS) issued for public comment a proposed circular letter on the use of AIS and external data sources by New York-authorized insurers (the Proposed...more

Herbert Smith Freehills Kramer

NY Regulatory Guidance on AI Illustrates Compliance Challenges

Herbert Smith Freehills Kramer on

The New York Department of Financial Services’ (DFS) January 2019 insurance circular letter, which advised New York-licensed life insurance carriers on the use of external consumer data and information sources in...more

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