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Bill Requiring White House to Provide Sequestration Specifics Moves Forward

Client Alert | less than 1 min read | 07.27.12

Following bipartisan passage (414-2) in the House on July 18, the Senate on Wednesday passed the Sequestration Transparency Act of 2012 requiring OMB to prepare a report for Congress within 30 days identifying each account to be sequestered and the resulting reductions at the program, project, and activity level; itemizing all exempt accounts; and providing any other data and explanations necessary to enhance public understanding of the sequester. While the Administration initially opposed the Act, press reports now indicate that the President will likely sign the bill into law.

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Client Alert | 4 min read | 03.25.26

NAIC Intensifies AI Regulatory Focus: What Health Insurance Payors Need to Know

The National Association of Insurance Commissioners (NAIC) is intensifying its oversight of how insurers use AI — and the pace of regulatory activity shows no signs of slowing. Over the past several months, the NAIC has published a formal Issue Brief staking out its position on federal AI legislation, launched a multistate AI Evaluation Tool pilot aimed at examining insurers’ AI governance programs, and continued to expand adoption of its AI Model Bulletin across state lines. These developments continue a trend towards enhancing regulation; the NAIC adopted AI Principles in 2020 and a Model Bulletin in 2023 clarifying that existing insurance laws apply to AI systems and establishing expectations for governance, documentation, testing, and third-party oversight. That Model Bulletin has now been adopted in approximately 24 states....