article thumbnail

Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

article thumbnail

Global Capture & IDP Vertical Market Analysis

Info Source

For example, an auto insurance claim often involves an e-form for the FNOL, plus paper based or digital documents covering the police report and the assessment of the repair shop but also photos or video documentation of the damage. Infosource has included these solutions in their Capture market assessment going back to 2018.

article thumbnail

California Seeks to Regulation Employer Use of AI

Hunton Privacy

AB 2930 seeks to regulate use of artificial intelligence (“AI”) in various industries to combat “algorithmic discrimination.” Impact Assessments Any employers or developers using or developing automated decision tools, by January 1, 2026, will be required to perform annual impact assessments.