Emerging US federal and state AI regulatory guidance
Key Questions
What is the NAIC Model Bulletin on AI in insurance?
The NAIC Model Bulletin provides guidance on AI use in insurance, focusing on model cards, drift monitoring, and bias mitigation. It has been implemented in about half of the states, with regulators debating its scope.
What AI guidance has the US Department of Education issued?
The Department of Education has issued guidance outlining responsible AI use across key educational areas. It emphasizes ethical considerations and safe integration of AI tools in schools.
What updates have FDA and banking agencies made regarding AI?
The FDA's CDRH previews AI lifecycle management, including validation and drift monitoring. Banking agencies have revised model risk management frameworks to address AI-specific risks, signaling sector-specific compliance ahead of broader oversight.
NAIC Model Bulletin impl in half-states: model cards/drift/bias in insurance. DoE issues guidance on responsible AI in education; FDA CDRH previews AI lifecycle mgmt (validation, drift); banking agencies revise model risk for AI; signals sector-specific compliance ahead of broader oversight.