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Lawsuits stemming from the fake crash caused a trucking company and its insurer to pay out $4.7M to cover the fraudulent claims.
The plaintiffs allege the hospital should have foreseen the breach due to the information it stores and the increasing number of cyberattacks.
Interestingly, the study found that family members were the most likely bad actors behind identity theft crimes.
The law will require that insurance companies test their data systems, algorithms and models to identify unfairness.
The insurer's error comes as artificial intelligence faces criticism from those who say it's subject to biases.
The bill has been released by the Business, Labor & Technology Committee and is moving to the Senate, where it is expected to pass.
Recent legislation has ignited new interest in understanding the factors insurers use to price auto coverage.
New Jersey may soon follow a trend of prohibiting insurers from using socioeconomic factors in pricing auto coverage.
The proposed regulations follow a study finding insurance group discounts skew toward wealthy drivers and those with higher levels of education.
During a recent CNN Town Hall, President Joe Biden linked insurance pricing to racial inequity. It's not that simple, says PIA National.
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