Link: https://leg.colorado.gov/sites/default/files/2021a_169_signed.pdf
Link: https://leg.colorado.gov/bills/sb21-169
Excerpt:
The general assembly therefore declares that in order to ensure
that all Colorado residents have fair and equitable access to insurance
products, it is necessary to:
(a) Prohibit:
(I) Unfair discrimination based on race, color, national or ethnic
origin, religion, sex, sexual orientation, disability, gender identity, or gender
expression in any insurance practice; and
(II) The use of external consumer data and information sources, as
well as algorithms and predictive models using external consumer data and
information sources, which use has the result of unfairly discriminating
based on race, color, national or ethnic origin, religion, sex, sexual
orientation, disability, gender identity, or gender expression; and
(b) After notice and rule-making by the commissioner of insurance,
require insurers that use external consumer data and information sources,
algorithms, and predictive models to control for, or otherwise demonstrate
that such use does not result in, unfair discrimination.
Publication Date: 6 July 2021
Publication Site: Colorado Legislature