Bulletin B 24-01: The Use of Artificial Intelligence Systems in Insurance (NAIC Model Bulletin adopted by the Alaska Division of Insurance)

Summary

The Alaska Division of Insurance issued Bulletin B 24-01 on February 1, 2024, its version of the NAIC Model Bulletin on insurers' use of AI. It reminds insurers authorized in Alaska that decisions affecting consumers that are made or supported by AI systems must comply with existing insurance law, including the rules on unfair trade practices and unfair discrimination. It sets the regulator's expectations for a written AI systems program (governance, risk management, internal controls and oversight of third-party AI vendors) and describes the information the regulator may request in an investigation or market conduct examination. Alaska was the first state to adopt the model bulletin. This record covers the bulletin only; it is regulatory guidance, not a statute.

Key dates

1. February 1, 2024Takes effect
2. October 16, 2026Checked against sources
3. October 21, 2026Checked against sources

Developments are added when the record is reviewed. Next review: January 15, 2027.

Evidence

Each passage is quoted from its source. The quoted passages are re-checked against the live pages every month.

1. On February 1, 2024, Alaska became the first state to adopt the NAIC Model Bulletin on the Use of Artificial Intelligence Systems by Insurers by issuing a new Bulletin (“Bulletin B 24-01”) . Bulletin B 24-01 is effective immediately

   Supports: Bulletin number, issue date, scope, first adopter

   Locke Lord QuickStudy: Alaska Is First State to Adopt the NAIC AI Model Bulletin by Issuing Bulletin B 24-01 Troutman Pepper Locke (Locke Lord) Reporting or analysis

2. Alaska: Bulletin B 24-01 – February 1, 2024

   Supports: Bulletin number and date

   Locke Lord QuickStudy: Artificial Intelligence State Insurance Regulation, A Year in Review Troutman Pepper Locke Reporting or analysis