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Articles by Peter Luneau
AI Insights: NAIC Releases Draft Model Bulletin Regarding Use of AI by Insurers | JD Supra
In July, the Innovation, Cybersecurity and Technology Committee of the National Association of Insurance Commissioners (NAIC) released an exposure draft of its model bulletin titled “Use of Algorithms, Predictive Models, and Artificial Intelligence Systems by Insurers” (draft Model Bulletin).
AI Insights: NAIC Releases Draft Model Bulletin Regarding Use of AI by Insurers
In July, the Innovation, Cybersecurity and Technology Committee of the National Association of Insurance Commissioners (NAIC) released an exposure draft of its model bulletin titled “Use of Algorithms, Predictive Models, and Artificial Intelligence Systems by Insurers” (draft Model Bulletin).
Privacy & Cybersecurity Update
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Professional Liability Insurer Seeks Declaration Stating It Does Not Owe Coverage to Attorney for Claims Arising From Hacking Incidents Tennessee Enacts Business-Friendly Comprehensive Consumer Privacy Law When Gov. Bill Lee signed the Tennessee Information Protection Act (TIPA) into law on May 11, 2023, after its unanimous passage through the state legislature, Tennessee became the latest state to contribute to the United States’ patchwork privacy landscape.
By Stuart D. Levi, Todd Freed Verified, David Schwartz, James Carroll, Marc S. Gerber, Ingrid Vandenborre, Avia Dunn, Richard J. Grossman, Helena Derbyshire, Brian Duwe, Ken Kumayama, Nicole Grimm, David Eisman, Michael E. Leiter, Peter Luneau, Patrick Fitzgerald, William Ridgway, James Talbot, Maya Florence, Jason Russell Verified, Eve-Christie Vermynck
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Lexology
Verified
On February 7, 2022, Delaware’s governor signed a bill amending the Delaware General Corporation Law (DGCL) to expressly authorize Delaware corporations to purchase and maintain directors’ and officers’ (D&O) liability insurance by or through captive insurance companies.
Delaware General Corporation Law Amended To Authorize Use of Captive Insurance for D&O Coverage | JD Supra
On February 7, 2022, Delaware’s governor signed a bill amending the Delaware General Corporation Law (DGCL) to expressly authorize Delaware corporations to purchase and maintain directors’ and officers’ (D&O) liability insurance by or through captive insurance companies.
Insurance Considerations for Directors and Officers of Delaware Entities | JD Supra
As directors and officers (Ds&Os)1 face exposure to potential personal liability claims, they should consider the principal protections available to them. Part one of this two-part series provided a “nuts and bolts” overview of key indemnification and advancement provisions for Ds&Os of Delaware entities.2 This second part outlines certain key features of director and officer insurance policies (D&O policies), including core coverage parts, “tail” coverage and select exclusions.
Indemnification Considerations for Directors and Officers of Delaware Entities | JD Supra
Directors and officers (Ds&Os)1 face exposure to potential personal liability for claims made against them in their capacity as directors and officers of the companies that they serve.
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