LIEB BLOG

Legal Analysts

Showing posts with label circular letter no. 2024-7. Show all posts
Showing posts with label circular letter no. 2024-7. Show all posts

Tuesday, July 16, 2024

16 Jul

Guidance on AI Discrimination & Emerging Data in Insurance by NYS DFS

Welcome to the age of AI Discrimination Regs. Do you have an auditing program in place? On July 11th, 2024, the New York State Department of Financial Services (DFS) released Circular Letter No. 2024-7 about the expectations for insurers in NYS regarding the use of Emerging Consumer Data & Information Sources...