Insurance-related legislative and regulatory updates from around the U.S. (Photo: iStock)
Editor's Note: At the start of each month, we publish insurance legislative and regulatory news and updates from around the nation.
|National updates
The White House has proposed artificial intelligence (AI) regulatory principles to govern its development and use aimed at limiting authorities' "overreach," Reuters reported. A notice from the White House said federal agencies should "conduct risk assessment and cost-benefit analyses prior to any regulatory action on AI, with a focus on establishing flexible frameworks rather than one-size-fits-all regulation."
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
