United States of America: NYDFS Insurance Circular Letter on AI use
Progress
Current status
processing consultation
17 Mar 2024 processing consultation
17 Jan 2024 in consultation
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
subnational
Timeline of events
Closed consultation on proposed Insurance Circular Letter on AI use
On 17 March 2024, the New York Department of Financial Services (NYDFS) closed a consultation on a proposed AI guidance for insurers. The Circular outlines NYDFS’s expectations towards insurers who use external consumer data and information sources …
SourceEvent type
outline
Action type
consultation closed
Government branch
executive
Government body
other regulatory body
Opened consultation on proposed Insurance Circular Letter on AI use
On 17 January 2024, the New York Department of Financial Services (NYDFS) opened a consultation on a proposed Insurance Circular Letter until 17 March 2024. The Circular outlines NYDFS’s expectations towards insurers who use external consumer data a…
SourceEvent type
outline
Action type
consultation opened
Government branch
executive
Government body
other regulatory body