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23 Mar 2024, 6:13 pm
Colorado: Following the enactment of SB21-169[8] which prohibits unfair discrimination via the use of external consumer data, the Colorado Department of Regulatory Agencies (“DORA”) has been developing business line specific regulations, specifically Regulation 10-1-1[9] pertaining to life insurers’ use of algorithms and predictive models, while separate regulations covering private passenger auto and health insurance are in the works. [read post]