MI | The Michigan Department of Insurance and Financial Services has issued Bulletin 2024-20-INS.
This bulletin is issued by the Department of Insurance and Financial Services (Department) to remind all Insurers, Nonprofit Health Service Plans, HMOs, and Dental Plan Organizations (herein after, collectively “Insurers”) that hold certificates of authority to do business in the state that decisions or actions impacting consumers that are made or supported by advanced analytical and computational technologies, including Artificial Intelligence (AI) Systems, must comply with all applicable insurance laws and regulations. Continue reading