Posts tagged AI Audit.
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8 minute read
As the implementation and integration of artificial intelligence and machine learning tools (AI) continue to affect nearly every industry, concerns over AI’s potentially discriminatory effects in the use of these tools continue to grow. The need for ethical, trustworthy, explainable, and transparent AI systems is gaining momentum and recognition among state and local regulatory agencies—and the insurance industry has not escaped their notice.
On January 17, 2024, the New York State Department of Financial Services (“NYSDFS”) took a further step towards imposing ...
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