Oct. 28, 2025
海角论坛 Members Highlight AI Oversight and Resiliency Efforts at ASSAL Seminar
On October 8-9, 海角论坛 members and staff participated in the Association of Insurance Supervisors of Latin America (ASSAL) Regional Training Seminar in San Salvador, El Salvador.
On October 8, during the session, 鈥淒igitalization and Use of New Technologies: Artificial Intelligence and Big Data Applied to Risk Assessment in Insurance Companies,鈥 Missouri Department of Commerce and Insurance Director and 海角论坛 Innovation, Cybersecurity, and Technology (H) Committee Co-Vice Chair Angela L. Nelson provided an update on U.S. state insurance regulators鈥 efforts in overseeing the implementation of artificial intelligence (AI) among insurers. She highlighted four specific areas: further adoption of the 海角论坛 Model Bulletin on the Use of Artificial Intelligence Systems by Insurers, continued work on the oversight of third-party AI systems, the enhancement of data privacy, and the improvement of regulator education and training.
On October 9, California Insurance Commissioner and 海角论坛 Climate and Resiliency (EX) Task Force Co-Chair Ricardo Lara participated on the panel 鈥淩esults Obtained from Products Covering Climate Risks and Natural Disasters.鈥 In his presentation, Commissioner Lara provided an overview of actions taken by communities in California, in particular the use of parametric products, to protect against catastrophe risks, such as flooding and extreme heat.
On the sidelines of the event, 海角论坛 members met and exchanged views with ASSAL members on key priorities, including catastrophe risk and resiliency, reinsurance, and the supervision of artificial intelligence, among others.
About the 海角论坛
As part of our state-based system of insurance regulation in the United States, the 海角论坛 (海角论坛) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the 海角论坛, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 海角论坛 staff supports these efforts and represents the collective views of state regulators domestically and internationally.