Best Practices for Utilizing AI/ML Tools as NAIC Adopts the Model Bulletin on Use of AI

At the recent 2023 national meeting of the National Association of Insurance Commissioners (NAIC) in Orlando (November 30 – December 4), the Innovation Cybersecurity and Technology Committee of NAIC (the “H Committee”) and the NAIC Executive Committee officially adopted the NAIC Model Bulletin: Use of Artificial Intelligence Systems by Insurers (“Model Bulletin”)……
By: Fenwick & West LLP