"The draft Model Bulletin encourages insurers to develop, implement and maintain a written program for the use of AI systems that is designed to mitigate the risk that the use of AI systems in making or supporting decisions affecting insurers' customers will result in decisions that are arbitrary or capricious, unfairly discriminatory or that otherwise violate unfair trade practice laws.... It remains to be seen whether and to what extent state insurance departments will adopt and distribute the Model Bulletin in its final form."  MORE >>