Policy Focus on AI and Disparate Impact

In the wake of inaction from Congress related to artificial intelligence regulation, states have been attempting to fill the perceived regulatory gap, often with bills focused on “high-risk AI” and “algorithmic discrimination.” Insurance departments have also wrestled with what to do in terms of AI regulation, with many discussions focusing on the use of external consumer data/information sources, AI, and potential resulting disproportionate impacts. This webinar will cover what is missing from the lawmaker debates on these topics – the practical implications of imposing algorithmic discrimination-, bias-, and disparate impact-type standards on the risk-based foundation of insurance.