WV | The purpose of Bulletin No. 24-06 is to remind insurers regulated by the Offices of the West Virginia Insurance Commissioner (OIC) that decisions or actions impacting consumers that are made or supported by advanced analytical and computational technologies, including Artificial Intelligence (AI) Systems, must comply with all applicable state insurance laws and rules. This includes, but is not limited to, laws and rules that address unfair trade practices, unfair claims settlement practices, and unfair discrimination. Continue reading
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