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Carlton Fields

NAIC Big Data Working Group Continues Building a Regulatory Structure

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During the NAIC Spring National Meeting, the Big Data and Artificial Intelligence (H) Working Group reviewed its blueprint to build an overarching regulatory edifice to oversee insurers’ use of artificial intelligence...more

Orrick, Herrington & Sutcliffe LLP

EU Commission Clarifies Definition of AI Systems

The European Commission published guidelines that clarify the definition of AI systems under the AI Act, analyzing each component of the definition of AI system, providing examples and specifying which systems should be...more

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

Artificial Intelligence/Generative AI's Environmental and Human Effects: April 22nd U.S. GAO Report

The United States Government Accountability Office (“GAO”) released on April 22nd a report titled: Artificial Intelligence: Generative AI's Environmental and Human Effects (“Report”). See GAO-25-107172....more

K2 Integrity

A Collaborative Approach to Customer Risk Assessment

K2 Integrity on

Unlock a New Era of Customer Risk Assessment - Legacy customer risk rating (CRR) models—built on static KYC data and subjective judgment—are no longer sufficient in a world of dynamic threats and tightening regulatory...more

Goodwin

FDA to Phase Out Animal Testing for Monoclonal Antibodies and other Drugs

Goodwin on

On April 10, 2025, the U.S. Food and Drug Administration (FDA) announced it will be phasing out the current requirements for animal testing in the development of monoclonal antibody therapies and other drugs, replacing them...more

Hogan Lovells

AI Health Law & Policy: FDA’s rapidly evolving regulatory paradigms

Hogan Lovells on

Artificial intelligence has become one of the most transformative forces in health care, reshaping everything from drug discovery to diagnostics. For pharmaceutical and medical device companies, AI-driven solutions present...more

Troutman Pepper Locke

The FinReg Frontier: AI and Machine Learning in Consumer Finance — The Consumer Finance Podcast

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In this episode of the Consumer Finance Podcast, Chris Willis, co-leader of Troutman Pepper Locke's Consumer Financial Services Regulatory practice, delves into the current state of machine learning and artificial...more

Quarles & Brady LLP

Nearly Half of States Have Now Adopted NAIC Model Bulletin on Insurers’ Use of AI

Quarles & Brady LLP on

As of March 2025, 24 states have adopted the National Association of Insurance Commissioners (NAIC) Model Bulletin on the Use of Artificial Intelligence (AI) Systems by insurers with little to no material changes. As we...more

Baker Botts L.L.P.

AI Legal Watch - Three AI Trends to Watch For in 2025

Baker Botts L.L.P. on

In 2025, the current transition toward advanced reasoning models will likely accelerate. For example, many AI companies are currently developing and releasing chain-of-thought models, which break down tasks into logical steps...more

Mayer Brown

Virginia Legislature Passes Comprehensive Artificial Intelligence Act

Mayer Brown on

AT A GLANCE - On February 20, 2025, the Virginia legislature passed the High-Risk Artificial Intelligence Developer and Deployer Act (Virginia AI Act), a comprehensive artificial intelligence bill focused on preventing...more

Shook, Hardy & Bacon L.L.P.

Virginia’s Artificial Intelligence Bill Nears the Finish Line

Déjà vu all over again: after Colorado and Virginia established competing standards for comprehensive privacy laws in 2021, history appears to be repeating itself in the artificial intelligence (AI) space. Virginia’s...more

A&O Shearman

European Commission draft guidelines on AI system definition under EU AI Act

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The European Commission (EC) has published draft guidelines on the definition of an AI system to explain the practical application of the legal concept, as anchored in the EU AI Act. The EC aims to assist providers and other...more

Husch Blackwell LLP

Virginia Legislature Passes High-Risk AI Developer and Deployer Act

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Keypoint: Virginia becomes the second legislature – after Colorado – to pass an algorithmic discrimination bill – although the bill still needs to get through the state’s Republican governor to become law. On February 20,...more

McDonnell Boehnen Hulbert & Berghoff LLP

AI News Roundup – EU AI Act Comes Into Force, OpenAI Unveils Research Tool, California State University System Provides AI Tools...

To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following....more

DLA Piper

How Many Neurons Must a System Compute Before You Can Call It AI? Unpicking the Guidelines on the AI Act’s Definition of...

DLA Piper on

Bob Dylan famously asked, “How many roads must a man walk down, before you can call him a man?”. The power of the question is that there is no answer – and comparing the tribulations of one person’s journey through life to...more

Mintz

Back to the Future: CFTC Emphasizes Existing Regulatory Standards for New Al Technologies

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Advancements in artificial intelligence (AI) continue to reshape the financial services industry, with the growing popularity of generative Al (GenAl) tools prompting increased attention from US regulators. At the end of...more

DLA Piper

Landmark AI Framework Sets New Standard for Tackling Algorithmic Bias

DLA Piper on

The Institute of Electrical and Electronics Engineers (IEEE) recently released IEEE 7003-2024, “Standard for Algorithmic Bias Considerations,” a landmark framework designed to assist organizations in addressing bias in...more

Conn Kavanaugh

What Every Business Should Know About AI in 2025: Legal Perspectives and Predictions

Conn Kavanaugh on

Entering 2025, artificial intelligence (“AI”) has passed the hype stage and now drives transformation across industries by reshaping business operations, customer interactions, and regulatory environments. Understanding the...more

McDermott Will & Emery

Section 1557 Patient Care Decision Support Tools, Anti-Discrimination Compliance: 12 Things to Consider

McDermott Will & Emery on

In April 2024, the US Department of Health and Human Services (HHS) issued a final rule reinterpreting Section 1557 of the Affordable Care Act, which prohibits discrimination on the basis of race, color, national origin, sex,...more

A&O Shearman

EDPB publishes opinion on personal data processing relating to AI model development

A&O Shearman on

On December 17 2024, the European Data Protection Board (EDPB) issued Opinion 28/2024 addressing data protection aspects of processing in the context of AI models. This Opinion was requested by the Irish Data Protection...more

A&O Shearman

UK Financial Conduct Authority publishes research note on bias in natural language processing

A&O Shearman on

The Financial Conduct Authority has published a research note on a pilot study into bias in natural language processing (NLP). The research note presents the results of a technical investigation into biases in word...more

Husch Blackwell LLP

State AI Update: December 30, 2024

Husch Blackwell LLP on

Welcome to the second edition of Byte Back AI, a weekly newsletter providing updates on proposed state AI bills and regulations, an AI bill tracker chart, summaries of important AI hearings, and special features....more

Clark Hill PLC

A View From California: One Important Artificial Intelligence Bill Down, 17 Others Good To Go

Clark Hill PLC on

As it did with data privacy, California seeks to lead the charge when it comes to regulating the use and deployment of Artificial Intelligence (AI) tools. Joining Colorado and Utah, the other two states with enacted AI laws,...more

Cooley LLP

[Webinar] AI Talks: AI + Regulatory - November 13th, 12:00 pm - 1:00 pm EDT

Cooley LLP on

This session of Cooley’s AI Talks will cover ways to navigate the US, European Union, and UK regulatory and legislative risks of AI, including strategies for engaging with policymaking bodies and analyzing the business...more

Carlton Fields

A Bird's-Eye View of the Current Standings of AI Guidance and Requirements by States

Carlton Fields on

Since the 2023 adoption by the National Association of Insurance Commissioners of its model bulletin on the use of AI systems by insurers, states have been adopting the model bulletin or draft requirements of their own. Below...more

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