NAIC widens its AI evaluation pilot to cover machine learning

The expanded program will look at how insurers use machine learning in underwriting, pricing and claims.

The National Association of Insurance Commissioners is broadening its insurer AI evaluation pilot to include machine learning applications, Law360 reported. The expanded review covers how insurers deploy AI and machine learning in underwriting, pricing and claims, with regulators examining risk and governance practices. No participating carriers were named and no timeline was given.

The source's own statement, as linked above. Nothing beyond it has been independently checked by us.

This is not a new rule or filing requirement. No specific insurer's AI program has been evaluated or found wanting; the pilot is a review mechanism, not an enforcement action.

Carriers running machine learning models in rating or claims should expect NAIC examiners to ask for documentation of those models. Review governance files now instead of after a request lands.

• Confirm which models qualify as 'machine learning' broadly enough to draw pilot interest
• Check that model governance documentation exists and is current
• Ask your domiciliary state DOI contact whether that state is participating

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