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Artificial Intelligence Briefing: NAIC Lays Out Regulatory Guidance in 10-Page Bulletin

JDSupra
Topics: Artificial Intelligence NAIC
Date Published: 08/02/2023
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Article

American Academy of Actuaries Recognizes Members’ Volunteer and Public Service

WASHINGTON—The American Academy of Actuaries is pleased to announce the recipients of its two most prestigious annual awards, the 2021 Jarvis Farley Service Award and the 2021 Robert J. Myers…
Topics: Actuarial Standards Artificial Intelligence Financial Security Health Equity Life Insurance Principle-Based Reserving Professionalism Public Policy Risk-Based Capital Social Security
Date Published: 11/05/2021
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Article

Academy Paper Examines Emerging Issues Brought About by the Increased Use of Big Data and Algorithms in Insurance

WASHINGTON—A new public policy paper published by the American Academy Actuaries, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts, provides a framework for consumers, regulators,…
Topics: Artificial Intelligence Benefits Data Science / Big Data Financial Security Professionalism Public Policy
Date Published: 11/05/2021
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Related Resources

Comment / Letter

DSAC Comments to IAIS on a Public Consultation on AI

The Data Science and Analytics Committee (DSAC) submitted comments to the International Association of Insurance Supervisors (IAIS) on IAIS’ public consultation draft application paper on the…
Topics: Artificial Intelligence Data Science / Big Data
Date Published: 02/27/2025
Policy & Research
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Comment / Letter

Committee Comments on AI Use in the Financial Services Sector

The Data Science and Analytics Committee commented to the U.S. Department of the Treasury on the Request for Information (RFI) on Uses, Opportunities, and Risks of Artificial Intelligence in the…
Topics: Artificial Intelligence Financial Reporting Risk Management
Date Published: 08/12/2024
Policy & Research
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Comment / Letter

Cross-Practice Letter on NY Proposed Circular on AIS and ECDIS in Insurance Underwriting and Pricing

The Academy’s Health, Life, and Casualty practice councils submitted comments on New York State Department of Financial Services’ proposed insurance circular letter on the use of Artificial…
Topics: Artificial Intelligence Casualty
Date Published: 03/14/2024
Policy & Research
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Comment / Letter

Risk Management and Financial Reporting Committee Submits Comments to the National Association of Insurance Commissioners on AI

The Risk Management and Financial Reporting Committee submitted comments on Sept. 1 to the NAIC on their Draft Model Bulletin Use of Algorithms, Predictive Models, and Artificial Intelligence Systems…
Topics: Artificial Intelligence Casualty Financial Reporting Governance NAIC Risk Management
Date Published: 09/07/2023
Policy & Research
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Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working…
Topics: Artificial Intelligence Casualty Data Science / Big Data NAIC
Date Published: 02/13/2023
Policy & Research
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Comment / Letter

Life Practice Council and Casualty Practice Council Submit a Joint Comment Letter to the NAIC’s Big Data and Artificial Intelligence (H) Working Group

The Life Practice Council and the Casualty Practice Council submitted a joint comment letter to the National Association of Insurance Commissioner’s Big Data and Artificial Intelligence (H) Working…
Topics: Artificial Intelligence Casualty Data Science / Big Data NAIC
Date Published: 02/13/2023
Policy & Research
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Issue Brief

DSAC Releases Issue Brief on Big Data in Actuarial Modeling

The Data Science and Analytics Committee (DSAC) released an issue brief, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts. It outlines big data issues confronting actuaries and…
Topics: Artificial Intelligence Data Science / Big Data Financial Reporting Risk Management
Date Published: 10/14/2022
Policy & Research
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Data Science and Analytics Committee Submitted Comments to Federal Agencies on AI

RMFRC’s Data Science and Analytics Committee (DSAC) submitted comments in response to a joint request for information and comment from several federal agencies regarding financial institutions’…
Topics: Artificial Intelligence Data Science / Big Data Financial Reporting Risk Management
Date Published: 06/30/2021
Policy & Research
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Comment / Letter

Data Science and Analytics Committee Comments to Federal Agencies on AI

The Data Science and Analytics Committee submitted comments in response to a joint request for information and comment from several federal agencies regarding financial institutions’ use of…
Topics: Artificial Intelligence Financial Reporting Risk Management
Date Published: 06/30/2021
Policy & Research
Download

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