As policymakers grapple with the use of Artificial Intelligence (AI) in regulated industries, Insurance Commissioner Mike Yaworsky has encouraged lawmakers to ensure the Office of Insurance Regulation (OIR) can oversee insurers’ AI use. “Responsible AI governance is crucial,” Commissioner Yaworsky recently told the Banking and Insurance Committee of the Florida Senate. Commissioner Yaworsky acknowledged that […]
With one week to go in Florida’s regulation legislative session, it appears the scheduled 60 days might not be enough. The legislature’s primary responsibility each year is to pass a state budget for presentation to the Governor. However, due to “philosophical differences” between the House of Representatives and the Senate, key legislators say there’s not […]