Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting
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Office of Insurance Regulation, Florida Legislature, Florida Insurance Code, AI, artificial intelligence, claims handling, review of claims
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 […]