Michigan Issued Bulletin 2024-20-INS RE: Use of AIS in Insurers
On August 7, 2024, Michigan issued Bulletin 2024-20-INS on the Use of Artificial Intelligence Systems By Insurers. The Bulletin is applicable to all Insurers, Nonprofit Health Services Plans, HMOs, and Dental Plan Organizations (collectively, “Insurers”) holding certificates of authority to do business in Michigan and is based upon the NAIC Model Bulletin on the Use of AIS by Insurers.
Read the bulletin.
Please refer to list of AI Insurance Guidance below.
NAIC AI Model Bulletin – Adopted States
Alaska: Bulletin B 24-01 – Adopted February 1, 2024
Arkansas: Bulletin 13-2024 – Adopted July 31, 2024
Connecticut: Bulletin No. MC-25 – Adopted February 26, 2024
DC: Bulletin 24-IB-002-05/21 – Adopted May 21, 2024
Illinois: Company Bulletin 2024-08 – Adopted March 13, 2024
Kentucky: Bulletin No. 2024-02 – Adopted April 16, 2024
Maryland: Bulletin No. 24-11 – Adopted April 22, 2024
Nebraska: Guidance IGD-H1 – Adopted June 11, 2024
Nevada: Bulletin 24-001 – Adopted February 23, 2024
New Hampshire: Bulletin Docket #INS 24-011-AB – Adopted February 20, 2024
Pennsylvania: Insurance Notice 2024-04, 54 Pa.B. 1910 – Issued April 6, 2024
Rhode Island: Insurance Bulletin No. 2024-03 – Issued March 15, 2024
Vermont: Insurance Bulletin No. 229 – Adopted March 12, 2024
Virginia: Administrative Letter 2024-01 – Issued July 22. 2024
Washington: Technical Assistance Advisory 2024-02 – Adopted April 22, 2024
Other AI Insurance Department Guidance
Colorado: Bulletin B-10.003 – Issued May 24, 2024
Colorado: Bulletin B-10.001 – Issued December 4, 2023
Colorado: 3 CCR 702 Reg. 10-1-1 et seq. – Dated July 23, 2023
Colorado: Colo. Rev. Stat. s 10-3-1104.9 – Effective November 14, 2023
New York: DFS Circular Letter No. 7 – Issued July 11, 2024
New York: DFS Proposed Insurance Circular Letter – Issued January 17, 2024
Please contact your Locke Lord LLP attorney if you have any additional questions.
