JD Supra

NAIC adopts principles for trustworthy artificial intelligence in insurance that support the avoidance of proxy discrimination against protected classes

On August 14, 2020, the National Association of Insurance Commissioners (NAIC) adopted a set of principles that will guide the work of insurers and entities, including data providers, that play an ...
Maritime Executive

The Poseidon Principles' Expansion Into Marine Insurance

The Poseidon Principles for Marine Insurance (the “Principles”) were officially launched in December 2021, initially supported by Swiss Re, Gard, Hellenic Hull Management, SCOR, Victor International ...
Insurance Journal

Carriers and Principles of Insurance

Every once in a while, I believe revisiting fundamental industry principles is beneficial. One such essential principle is diversity, especially for insurance carriers. “Diversity” in this case has ...
Insurance Journal

P/C Insurers Defend Ransomware Reimbursements in New Cyber Principles

The nation’s largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing that the insurance industry wants to partner ...
JD Supra

The Poseidon Principles for Marine Insurance

According to the International Maritime Organization (IMO), the shipping industry currently accounts for 2.2% of global emission of greenhouse gases (GHG), with the potential, if left unregulated, to ...