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CO-ADMT-6-1-1709-04 Requirement 6-1-1709 — No new private right of action - application of other

Insurance Commissioner Rulemaking on Notice and Disclosure

Description

The Insurance Commissioner may adopt new rules or update existing rules regarding notice and disclosures that insurers must provide to consumers, related to insurers' use of external consumer data, algorithms, and predictive models. This is directed at a state regulatory official, not directly at private companies, though resulting rules may impose future disclosure obligations on insurers.

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