List the product name and write no target-market determination
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- Columns are the product name printed on the form and the policy form number. Write no sentence of a target-market determination.
- What the lawyer must review
- No target-market statute was opened. 15 U.S.C. § 1012 leaves insurance product rules to state law unless a federal act specifically relates to the business of insurance. NAIC model MO-900 is a claims-practice model, not a product-design statute. You decide what, if anything, must be written. Do not draft a determination.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Do not begin AI assistance until the responsible lawyer has defined and confirmed its permitted scope. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.