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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

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Information Management in the Not-So-Distant Future of Health Care

AIIM

The classic example is the insurer that won’t pay for care that a doctor determines a patient needs. Insurers are about profit; doctors are about delivering the best care. With collaborative videoconferencing: Low-income patients without insurance can use the Emergency Room less often. You manage your data if it’s digital.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. It might create interactive simulations, personalized exercises and even gamified learning experiences to keep students engaged and motivated. Mastering a topic?

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California Enacts Broad Privacy Laws Modeled on GDPR

Data Matters

In addition, the business must ensure that all individuals responsible for handling requests and compliance with AB 375 are educated about relevant aspects of the bill and how to direct consumers to exercise their rights under these sections. Businesses cannot discriminate against consumers who exercise any of their rights under AB 375.

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California Enacts Broad Privacy Protections Modeled on GDPR

Data Matters

In addition, the business must ensure that all individuals responsible for handling requests and compliance with AB 375 are educated about relevant aspects of the bill and how to direct consumers to exercise their rights under these sections. Businesses cannot discriminate against consumers who exercise any of their rights under AB 375.

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