On June 22, 2023, Robert Maddox, International Counsel, and Tristan Lockwood, Associate, delivered the latest instalment of the Debevoise London insurance industry webinar series, focusing on the European Union’s Digital Operational Resilience Act and what it means for the Insurance Sector. Topics included: The history and context of DORA; Management obligations and the role of the Board; Incident reporting, operational…
On April 19, 2023, the New York Attorney General (the “NYAG”) published new guidance (the “Guide”) recommending security measures for companies entrusted with consumers’ personal information. The Guide supplements the reasonable safeguards already outlined in the New York Shield Act, which, in part, requires covered entities to maintain reasonable security measures when handling personal information related to New York residents.…
Over the past three years, we have observed many companies in a wide range of sectors adopt Artificial Intelligence (“AI”) applications for a host of promising use cases. In some instances, however, those efforts have ended up being less valuable than anticipated—and in a few cases, were abandoned altogether—because certain risks associated with adopting AI were not properly considered or…
On Tuesday, June 13, 2023 Eric Dinallo of the Insurance Regulatory Group and Avi Gesser and Stephanie Thomas of the Data Strategy & Security Group hosted an informative discussion on the revised regulations that were released on May 26, 2023 for the Colorado AI Insurance law. Topics included: Removal of many of the documentation requirements; Focus on external data; Limiting…
On May 10−12, 2023, the National Association of Attorneys General (the “NAAG”) held its Spring 2023 Consumer Protection Conference to discuss the intersection of consumer protection issues and technology. During the portion of the conference that was open to the public, panels featuring federal and state regulators, private legal practitioners, and industry experts discussed potential legal liabilities and consumer risks…