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Big Data Artificial Intelligence Algorithms

Carlton Fields

NAIC Groups Carve Up the Mountain at the Winter Meeting

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After strapping on their skis and riding up the lifts, the NAIC groups reported to their events. The results of the events of note for life insurers are as follows...more

McGlinchey Stafford

Will 2024 Be the Year That AI Breaches the Insurance Market?

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As we have seen the rise of broader use of artificial intelligence (AI) with the launch of ChatGPT in November 2022 and the use of other platforms to create images, text, and even legal precedence that does not exist, it...more

McDermott Will & Emery

Investment Opportunities in 2024

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In November, McDermott Will & Emery was pleased to host our annual European Health & Life Sciences Symposium in Paris. Welcoming a large crowd of healthcare professionals, investors and dealmakers for a programme of...more

Eversheds Sutherland (US) LLP

Colorado Division of Insurance adopts final rule on use of big data and predictive models

The Colorado Division of Insurance (CDI) adopted a new regulation on September 21, 2023 (Final Regulation) establishing requirements governing the use of external consumer data and information sources (ECDIS), as well as...more

Bricker Graydon LLP

Artificial Intelligence - There's Nothing Fake About It

Bricker Graydon LLP on

Artificial Intelligence (AI) has become ubiquitous in today’s corporate lexicon. And while much has been said, and written, about AI, the question still remains: what, exactly, is AI? Or, more aptly for this discussion, what...more

McDermott Will & Emery

[Webinar] AI Risk Management 101 - June 29th, 12:00 pm - 1:00 pm ET

McDermott Will & Emery on

Healthcare is rapidly changing, with artificial intelligence (AI) and algorithmic models leading the transformation. In recent years, big data and machine learning algorithms have revolutionized our ability to predict...more

Carlton Fields

A Flurry of Algorithmic Activity at the NAIC 2022 Fall National Meeting

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At the National Association of Insurance Commissioners (NAIC) 2022 Fall National Meeting (Fall Meeting), the various NAIC groups hit the industry with an array of snowballs of various actual and proposed surveys, guidance,...more

Baker Donelson

AI at Work: Employers Must Balance the Power and Peril of Big Data in 2023

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This is the first in a series of alerts that will address what businesses should consider as they navigate employment laws, data privacy and compliance challenges in deploying artificial intelligence to scale their business...more

Baker Donelson

How Employers Can Begin Preparing for the EEOC's Focus on AI

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For years, employers have increasingly automated the recruiting and hiring process using artificial intelligence (AI) and other algorithmic tools. While there is added value in such automation, researchers have cautioned that...more

Orrick, Herrington & Sutcliffe LLP

10 Steps to Future-Proof Your Artificial Intelligence Regulatory Strategy

Artificial Intelligence (AI) regulation is coming, and companies considering implementing AI or already utilizing AI should be prepared. Below are 10 steps that companies can take now to harness the benefits of AI in a fair...more

Hogan Lovells

AI & Algorithms (Part 4): The FTC’s Guidance on AI

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Although the U.S. has no federal law that specifically regulates artificial intelligence (AI), the Federal Trade Commission (FTC) has indicated that it may be preparing to exercise its consumer protection authority with...more

Carlton Fields

A Rocky Road Ahead for Insurers Using Consumer Data and Models

Carlton Fields on

The NAIC’s development of guiding principles on artificial intelligence seeks to proactively avoid proxy discrimination, safeguard against other unfairly discriminatory outcomes, and apply risk management to address unfair...more

Hinshaw & Culbertson - Privacy, Cyber & AI...

Connecticut Insurance Department Issues Guidance on Big Data Use by Insurers

The State of Connecticut’s Insurance Department (Department) has issued a Notice reminding all entities and persons licensed by the Department to use technology and Big Data responsibly and transparently and in full...more

Morgan Lewis - Tech & Sourcing

Recap: Bias Issues and AI

Bias in AI can result from assumptions in the machine learning process, or as a result of data that is imbalanced or incomplete and does not reflect a true representation of the relevant population. Examples of such skewed...more

Spirit Legal

[Webinar] Datenintensive Technologien und Anwendungen rechtskonform gestalten - March 25th, 9:30 am - 3:00 pm CET

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Gerade für Juristen ist Begeisterung für und ein Verständnis von Branchen, Geschäftsmodellen und Technologien – gerade vor dem Hintergrund des Datenschutzrechts und des Gewerblichen Rechtsschutzes – unerlässlich und...more

Orrick, Herrington & Sutcliffe LLP

FTC Chairwoman Slaughter Sets Sights on Big Data and Artificial Intelligence Oversight

In her first major remarks as Acting Chairwoman of the Federal Trade Commission (FTC), Rebecca Kelly Slaughter outlined her enforcement priorities under the new administration in a conversation with the Future of Privacy...more

Manatt, Phelps & Phillips, LLP

Considerations in Machine Learning-Led Programmatic Underwriting

Underwriting is critical to insurance profits: Identify, qualify, and quantify the risk that an insurance policy covers and set the premiums across a pool of the policies to cover the risk. It is the original hedge fund, in...more

Association of Certified E-Discovery...

Why We Should Pay More Attention to Deep Learning

In March 2016, Lee Sedol, the Korean Go 18-time world champion, played and lost a five-game match against DeepMind’s AlphaGo, a Go-playing program that used deep learning networks to evaluate board positions and possible...more

Jones Day

JONES DAY PRESENTS®: AI: Security and Privacy Risks with Big Data

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Emerging technology and evolving legal principles collide as artificial intelligence raises more questions than it answers. Privacy, consent/disclosure, repurposing, facial recognition and automated phishing attacks are some...more

Jackson Lewis P.C.

FTC’s Tips On Using Artificial Intelligence And Algorithms

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Artificial intelligence (AI) technology that uses algorithms to assist in decision-making offers tremendous opportunity to make predictions and evaluate “big data.” The Federal Trade Commission (FTC), on April 8, 2020,...more

McDermott Will & Emery

Awaiting Regulation of AI in Insurance

With the recent news that the Association of British Insurers (ABI) has called for new rules to reflect the increased use of AI and machine learning in the insurance industry, comes a reminder that there is still a...more

Nilan Johnson Lewis PA

Illinois Expected to Pass Law Limiting Employers’ Use of AI in Hiring

The Illinois legislature passed a bill on May 29, 2019, that would limit employers’ ability to use artificial intelligence (AI) in hiring. It seems likely that Governor Pritzker will sign it, since it passed unanimously in...more

Kilpatrick

The Use Of Artificial Intelligence (Ai) In Financial Services: Some Early Lessons For The Practitioner

Kilpatrick on

In a recent speech delivered at “Fintech and the New Financial Landscape” in Philadelphia, Federal Reserve Board Governor Lael Brainard discussed how technology is changing the financial landscape and the lessons being...more

Holland & Knight LLP

FTC Kicks Off New Consumer Protection Hearings: Focuses on the Use of Big Data and Artificial Intelligence

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The Federal Trade Commission (FTC) continues its comprehensive efforts to focus on consumer protection issues, including those around the use of Big Data, Artificial Intelligence (AI) and predictive analytics. These tools are...more

Ballard Spahr LLP

FTC to hold hearings on competition and consumer protection

Ballard Spahr LLP on

The FTC has announced that beginning in September 2018, it will hold a series of 15 to 20 public hearings “on whether broad-based changes in the economy, evolving business practices, new technologies, or international...more

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