An example from the Sallys' book: Divide a=39 by b=7. Using the division algorithm, we have 39=7x5+4. Here the dividend is 39, the divisor is 7, the quotient q=5 and the remainder r= 4 and 0<4<7 ...

The type of regulation proposed by the Division of Insurance is going to proliferate as algorithms and automated decision-making tools become more and more common.