HB 880

As introduced: - Requires insurers using algorithmic decision systems to conduct annual disparate impact audits and prohibits using such systems in a manner that results in unfair discrimination. - Prohibits the use of certain data, including credit scores and social media activity, in algorithmic underwriting and rating for homeowners insurance. - Establishes standards for AI-assisted claims adjustment, requiring human review and approval for final payment determinations. - Requires disclosure to consumers regarding the use of AI in an adverse decision, and grants consumers an opportunity for human review. Grants consumers a right to correct inaccurate data. - Creates a private right of action.