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Daily Compliance News: April 22, 2025, The Upping Your Game Edition
Since the start of 2025, the following states have added to the roadwork on artificial intelligence regulation in insurance by implementing the NAIC’s model bulletin on the use of AI systems by insurers...more
Just as the European Union is reassessing the EU AI Act, Colorado is considering a bill to narrow the scope of the Colorado AI Act before it even takes effect. Here are some points regarding SB 318 in Colorado:...more
In February 2025, the Virginia legislature passed a bill governing high risk artificial intelligence. On March 24, 2025, Governor Youngkin vetoed the bill. If enacted, the bill, titled the High-Risk Artificial Intelligence...more
The US relies on existing federal laws and guidelines to regulate AI but aims to introduce AI legislation and a federal regulation authority. Until then, developers and deployers of AI systems will operate in an increasing...more
As we enter the end of the summer, the AI regulatory steam is not slowing down. Colorado is now the first US state to have a comprehensive AI law (going into effect February 1, 2026), and the EU published its sweeping AI law...more
Colorado has become the first state to enact a comprehensive law relating to the development and deployment of certain artificial intelligence (AI) systems. The Colorado Artificial Intelligence Act (CAIA), which will go into...more
The Colorado Artificial Intelligence Act will impose mounting obligations on developers and deployers of high-risk AI systems in an effort to protect consumers from discriminatory consequential decisions by such systems....more
On May 17, 2024, Colorado became the first state to enact comprehensive AI legislation. Governor Jared Polis signed Senate Bill 24-205, “Concerning Consumer Protections in Interactions with Artificial Intelligence Systems,”...more
As states take pioneering steps towards AI legislation, businesses face new compliance landscapes affecting their operation and strategic planning. California and Colorado are leading with distinct yet influential legislative...more
On May 17, 2024, Colorado Governor Jared Polis signed into law SB 24-205—concerning consumer protections in interactions with artificial intelligence systems—after the Senate passed the bill on May 3, and the House of...more
We previously reported on regulators’ increased attention to the use of big data systems, including external consumer data and information sources, algorithms and predictive models. Recent announcements in Colorado, Louisiana...more