Navigating Regulatory Expectations for Artificial Intelligence in Insurance: Insights from Illinois Department of Insurance Bulletin

Introduction Technological advancements, particularly in Artificial Intelligence (AI), present unique opportunities and challenges for the insurance industry. As insurers increasingly leverage AI systems across various facets of their operations, regulatory and legislative bodies are closely monitoring these developments to ensure consumer protection, fair practices, and compliance with existing laws and regulations. On March 13, 2024, […]

Illinois Department of Insurance Cannot Decide Owner-Operator Employment Dispute, Appeals Court Rules

The Illinois Department of Insurance cannot adjudicate employment status disputes relating to insurance premium calculations. That is the ruling from the Illinois First District Court of Appeals in a significant decision with ramifications for trucking companies utilizing owner-operator agreements. The case, CAT Express, Inc. v. Muriel, 2019 IL App (1st) 181851, concerned whether truck drivers retained […]