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Michigan Issued Bulletin 2024-20-INS RE: Use of AIS in ‎Insurers

InsureReinsure Blog
August 7, 2024

On August 7, 2024, Michigan issued Bulletin 2024-20-INS on the Use of Artificial Intelligence Systems By Insurers. The Bulletin is applicable to all Insurers, Nonprofit Health Services Plans, HMOs, and Dental Plan Organizations (collectively, “Insurers”) holding certificates of authority to do business in Michigan and is based upon the NAIC Model Bulletin on the Use of AIS by Insurers.

Read the bulletin.

Please refer to list of AI Insurance Guidance below.

NAIC AI Model Bulletin – Adopted States

  • Alaska: Bulletin B 24-01 – Adopted February 1, 2024
  • Arkansas: Bulletin 13-2024 – Adopted July 31, 2024
  • Connecticut: Bulletin No. MC-25 – Adopted February 26, 2024
  • DC: Bulletin 24-IB-002-05/21 – Adopted May 21, 2024
  • Illinois: Company Bulletin 2024-08 – Adopted March 13, 2024
  • Kentucky: Bulletin No. 2024-02 – Adopted April 16, 2024
  • Maryland: Bulletin No. 24-11 – Adopted April 22, 2024
  • Nebraska: Guidance IGD-H1 – Adopted June 11, 2024
  • Nevada: Bulletin 24-001 – Adopted February 23, 2024
  • New Hampshire: Bulletin Docket #INS 24-011-AB – Adopted February 20, 2024
  • Pennsylvania: Insurance Notice 2024-04, 54 Pa.B. 1910 – Issued April 6, 2024
  • Rhode Island: Insurance Bulletin No. 2024-03 – Issued March 15, 2024
  • Vermont: Insurance Bulletin No. 229 – Adopted March 12, 2024
  • Virginia: Administrative Letter 2024-01 – Issued July 22. 2024
  • Washington: Technical Assistance Advisory 2024-02 – Adopted April 22, 2024

Other AI Insurance Department Guidance

  • Colorado: Bulletin B-10.003 – Issued May 24, 2024
  • Colorado: Bulletin B-10.001 – Issued December 4, 2023
  • Colorado: 3 CCR 702 Reg. 10-1-1 et seq. – Dated July 23, 2023
  • Colorado: Colo. Rev. Stat. s 10-3-1104.9 – Effective November 14, 2023
  • New York: DFS Circular Letter No. 7 – Issued July 11, 2024
    • New York: DFS Proposed Insurance Circular Letter – Issued January 17, 2024

Please contact your Locke Lord LLP attorney if you have any additional questions.

The post Michigan Issued Bulletin 2024-20-INS RE: Use of AIS in ‎Insurers appeared first on Insurance & Reinsurance.

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