In April, 2022, the Connecticut Insurance Department (CID) issued a notice to all licensed entities and persons regarding the use of big data technology and the avoidance of discriminatory practices. 

The CID continues to expect the usage of big data to be in full compliance with federal and state anti-discrimination laws and provides a reminder that Connecticut domestic carriers must file the required data certification no later than September 1, 2023 and annually thereafter. The data certification can be accessed here.

Further, the CID acknowledges the transitory nature of three aspects of the usage of big data, including: (1) what may constitute as use of big data and insurers’ relative accountability for the same; (2) the definition of the big data ecosystem; and (3) the CID’s regulatory role. The notice provides greater detail for each of these aspects and highlights regulatory concerns for the following general topics: (1) internal data deployment; (2) internal data governance; and (3) risk management and compliance. It also includes an appendix with examples of the types of information that may be requested during the course of an examination.

Any questions regarding the CID Notice may be directed to: cid.mc@ct.gov.

Link to Notice

Link to Data Certification