NAIC Working Group Prepares Pilot Test to Evaluate Insurers' Use of AI

Summary

The National Association of Insurance Commissioners (NAIC) is nearing the launch of a pilot field test designed to evaluate how insurance companies are deploying artificial intelligence. The initiative will involve a structured feedback loop intended to serve as a learning experience for regulators, helping them understand both how to effectively gather information about AI usage in the industry and what refinements are needed to their evaluation tools. According to remarks from Houdek to the N