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Insurance Industry › Risk Assessment › Data Privacy

Orrick, Herrington & Sutcliffe LLP

California privacy agency opens comment period on regulations

Orrick, Herrington & Sutcliffe LLP on

On May 9, the California Privacy Protection Agency (CPPA) announced it opened the formal public comment period for its proposed regulations concerning updates to the California Consumer Privacy Act. The proposed rules would...more

Akin Gump Strauss Hauer & Feld LLP

CPPA Opens Public Comment Period for Proposed AI Regulations

Akin Gump Strauss Hauer & Feld LLP on

The California Privacy Protection Agency (CPPA) announced the formal public comment period for its latest proposed rulemaking package, which includes updates to existing regulations and introduces new guidelines for automated...more

Alston & Bird

New York and Illinois Regulators Recommend Third Party Cybersecurity Review For Specific Vulnerabilities

Alston & Bird on

This month, the Illinois Department of Insurance issued guidance to insurers recommending assessments in response to a Microsoft Exchange vulnerability, detailed in the guidance. In the Bulletin dated May 5, the Department...more

Sands Anderson PC

Insurers & Producers in Virginia: Get Ready for New Data Security and Notification Requirements!

Sands Anderson PC on

Virginia has a new law, the Insurance Data Security Act (New Law), going into effect on July 1, 2020, which will expand the data security and incident notification requirements on insurers licensed in the Commonwealth.  The...more

Farella Braun + Martel LLP

Time to Check Your Cyber Insurance

Farella Braun + Martel LLP on

Now that the CCPA is in effect, some companies will need to revise their policies. The cyber insurance markets are beginning to adapt to the new California Consumer Privacy Act (CCPA) which went into effect on January 1. ...more

Sheppard Mullin Richter & Hampton LLP

Happy First Day of Spring! Ohio Insurance Law Effective Today

Sheppard Mullin Richter & Hampton LLP on

Ohio recently followed South Carolina as the second state to adopt cybersecurity legislation modeled after the NAIC’s Insurance Data Security Model Law. The Ohio law, Senate Bill 273, applies to insurers authorized to do...more

Sheppard Mullin Richter & Hampton LLP

US Breach Laws Are Coming: South Carolina

Sheppard Mullin Richter & Hampton LLP on

In another change to US state breach notice laws in 2019, South Carolina will have new breach notice requirements for insurance companies. The requirements follow the National Association of Insurance Commissioners’ Insurance...more

Akin Gump Strauss Hauer & Feld LLP

House Committee Considers Impact of Autonomous Vehicles on Insurance Models

Akin Gump Strauss Hauer & Feld LLP on

• Limited access to autonomous vehicle operations data remains a key barrier to insurance companies’ development of adaptive insurance policies. • Representatives from the insurance industry support federal regulation of...more

Troutman Pepper Locke

A Closer Look at the NAIC Insurance Data Security Model Law

Troutman Pepper Locke on

Following New York’s lead after the Department of Financial Services (the NYDFS) promulgated its Cybersecurity Regulation, in October 2017 the NAIC adopted its Insurance Data Security Model Law (the NAIC Model) to establish...more

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