Regulatory Status
First comprehensive US state law governing high-risk AI systems. Signed May 17, 2024; compliance deadline extended to June 30, 2026 by SB 25B-004. Imposes obligations on both developers and deployers of AI systems that make or substantially influence consequential decisions affecting consumers.
Key Requirements
Impact Assessment Complete documented impact assessments annually and within 90 days of substantial modifications, covering discrimination risks, data inputs/outputs, and mitigation measures
Consumer Notice Notify consumers when a high-risk AI system makes or substantially influences a consequential decision about them
Correction & Appeal Rights Allow consumers to correct inaccurate personal data and appeal adverse decisions through human review where technically feasible
Developer Disclosure Developers must publish statements describing high-risk systems and discrimination risk management, and supply deployers documentation for impact assessments
Insurance Implications
Relevant policy types: E&O, CGL, Cyber, D&O
| Carrier | Endorsement | Status | Applies To | Filing Date | Source |
| Verisk | CG 40 47 | adopted | CGL | 2025-11-15 | verisk.com |
| W.R. Berkley | PC 51380 | filed | D&O, E&O, Fiduciary | 2025-12-01 | berkley.com |
| Hamilton | Hamilton AI Sublimit | filed | E&O, Cyber | 2026-01-15 | hamiltongroup.com |
Filing status based on carrier announcements and state DOI records.
Verify filings through your state's
SERFF Filing Access system.
Compliance Gaps to Address
No AI governance policy for underwriting tools
Lack of human oversight in AI-driven coverage recommendations
No documentation of AI vendor risk assessments
Unaware of AI exclusion endorsements in own E&O coverage
Other Industries in This State
This Industry in Other States
Disclaimer: This content is provided for informational purposes only and does not constitute legal advice. AI regulations and insurance policy terms change frequently. Consult with a qualified attorney or insurance professional for advice specific to your situation. Gridex makes no warranties regarding the accuracy or completeness of this information.