Skip to main content
Resource Center


3D, high-tech tunnel/corridor animation

June 27, 2023

NAIC Discusses AI/ML Oversight with OECD Committee

On June 26-27, the National Association of Insurance Commissioners (NAIC) participated in the Organisation for Economic Co-operation and Development (OECD) Insurance and Private Pensions Committee (IPPC) meeting in Paris, France.

On June 26, Nebraska Department of Insurance Director Eric Dunning joined the roundtable discussion, “Leveraging Digitalization for Risk Assessment and Risk Reduction in Insurance – Key Risks for Consumers and Regulatory Responses,” highlighting the NAIC’s work overseeing and regulating artificial intelligence (AI) and machine learning (ML). Specifically, Director Dunning discussed the NAIC’s survey work on the industry’s use of AI; upcoming AI bulletin and regulatory questions; revised privacy model law; and adoption of suptech tools.

Director Dunning stressed the need for insurance-specific guidelines on AI/ML (as opposed to blanket national guidelines), noting that the nuances of the insurance industry are best addressed by insurance supervisors.

About the National Association of Insurance Commissioners

As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.