News & Analysis as of

Disclosure Requirements Transparency Anti-Discrimination Policies

Orrick, Herrington & Sutcliffe LLP

Idaho enacts the Transparency in Financial Services Act

On March 24, Idaho enacted SB 1027, referred to as the “Transparency in Financial Services Act,” which prohibits financial institutions from discriminating based on social credit scores. The Act prohibits large banks and...more

ArentFox Schiff

AI Anti-Discrimination Bill Heads to Governor’s Desk in Virginia

ArentFox Schiff on

Colorado made history in May 2024 when it became the first state to adopt a comprehensive artificial intelligence (AI) consumer protection law. This landmark legislation has inspired other states, including Virginia, to...more

Foley & Lardner LLP

The Colorado AI Act: Implications for Health Care Providers

Foley & Lardner LLP on

Artificial intelligence (AI) is increasingly being integrated into health care operations, from administrative functions such as scheduling and billing to clinical decision-making, including diagnosis and treatment...more

McDonnell Boehnen Hulbert & Berghoff LLP

Mapping the Future: The Rise of State-Level AI Regulation in the United States

Currently in the United States, few state-based regulations specifically target machine learning and artificial intelligence (AI) models. However, the recent rise of powerful generative AI programs like ChatGPT, Dall-E,...more

Akin Gump Strauss Hauer & Feld LLP

DFS Issues Guidance to Life Insurers on Use of “External Data” in Underwriting Decisions

On January 18, 2019, New York’s Department of Financial Services (DFS) issued Circular Letter No. 1 (2019) to advise life insurers regarding the type of data that they may use when underwriting policies. The guidance was...more

Holland & Knight LLP

California Enacts Watershed Privacy Law: Five Key Takeaways for Your Organization

Holland & Knight LLP on

• California recently enacted a sweeping new privacy law, the California Consumer Privacy Act of 2018 (CCPA or Act), which is likely to have broad implications for organizations providing services to, or collecting data from,...more

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