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Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities
February 10, 2021
The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of insurance products for racial minorities.
They say they will also remain active responding to the ongoing coronavirus pandemic and its impact on consumers and insurance markets.
The state regulators’ organization, the National Association of Insurance Commissioners (NAIC), celebrating its 150th anniversary, announced its strategic priorities for 2021.
“This year marks 150 years of NAIC members being unified in their commitment to protect consumers and ensure fair, competitive, and healthy markets,” said NAIC President and Florida Insurance Commissioner David Altmaier. “In 2021, we will continue this tradit ....

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