2024 Membership

2024 Adopted Charges

1. The Big Data and Artificial Intelligence (H) Working Group will:
   1. Research the use of big data and AI (including ML) in the business of insurance. Proactively communicate findings and present recommendations to the Innovation, Cybersecurity, and Technology (H) Committee.
   2. Monitor state, federal, and international activities on AI, including working with the Innovation, Cybersecurity, and Technology (H) Committee, (i) to respond to such activities, where appropriate and (ii) address potential impacts on existing state insurance laws or regulations.
   3. Oversee the completion of the work of the Collaboration Forum on Algorithmic Bias, including:
      
      1. Monitor and support adoption of the Model Bulletin on the use of Artificial Intelligence Systems by Insurers.
      2. Explore the creation of an independent synthetic data set to support testing of predictive models for unfair discrimination, in collaboration with the Center for Insurance Policy and Research, as appropriate.
      3. Finalize and maintain a glossary/lexicon to guide regulators as they engage in AI and technology related discussions.
   4. Facilitate and coordinate foundational and contextual educational content for regulators on topics related to the use of Big Data and Artificial Intelligence techniques, tools and systems in the insurance industry.