Tracking adoption of the NAIC's Model Bulletin on AI Use.

Understanding the reach of new insurance regulations starts with identifying the technology in question, whether AI, external consumer data sources, or some combination of the two.

If you’re using math, you might be using AI.

Insurance regulators have pinpointed external consumer data sources as a concern, both in isolation and in conjunction with AI.

No consensus on best practices has emerged to date.

Perhaps the thorniest question is: what exactly is “unfair discrimination”?

Regulator consensus of model governance best practices is emerging.

Case study on Colorado’s draft protocol for testing unfair discrimination showcases challenges devising globally-applicable approach.

In October 2023, Bell Analytics submitted an informal comment on the Colorado Division of Insurance’s proposed quantitative testing regulation for life insurance underwriting and pricing.