News & Analysis as of August 19, 2025

Insurance Industry

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A repository for the most well-read content on JD Supra at any given time, along with occasional roundups of popular content by specific topic. Also stop by for monthly recaps of hot articles for the previous... more +

The LA Fires Contingent Business Interruption Coverage Considerations

Zelle LLP on 3/24/2025

The Los Angeles area fires that started in early January have destroyed thousands of homes and businesses throughout the region. The fires triggered ongoing evacuation orders and warnings as communities coped with dangerous...more

Massachusetts Enacts Drug Pricing Legislation: Introducing PBM Licensure, Mandatory Cost Reporting, and Consumer Cost-Sharing...

ArentFox Schiff on 2/28/2025

On January 8, Massachusetts Governor Maura Healy signed into law “An Act Relative To Pharmaceutical Access, Costs And Transparency.” The Act will have a profound impact on all parties involved in setting and applying drug...more

A Fintech Leader’s Thoughts on the North Carolina Regulatory Sandbox Act

Bradley Arant Boult Cummings LLP on 8/4/2021

As part of Bradley’s continuing coverage of the North Carolina Sandbox Act, we wanted to know what community members and NC fintech aficionados thought about this proposed legislation. We posed six questions to Tariq Bokhari,...more

State Departments of Insurance Continue to Follow the NAIC or New York in Implementing Cybersecurity Regulations

Clark Hill PLC on 10/3/2019

State regulators continue to implement insurance-specific cyber and data security regulations, drawing on either the National Association of Insurance Commissioners Insurance Data Security Model Law (“Model Law”) or the New...more

Attorney General Yost announces multistate data breach settlement with Premera

Bricker Graydon LLP on 8/16/2019

Ohio Attorney General Dave Yost recently announced a multistate settlement that will require health insurance company Premera Blue Cross to pay $10 million following a breach of protected health information (PHI). According...more

Delaware and New Hampshire Join Growing List of States With New Insurance Data Security Laws

Ballard Spahr LLP on 8/9/2019

Delaware (July 31, 2019) and New Hampshire (August 2, 2019) have become the latest states to add to the insurance cybersecurity landscape by enacting information security laws. These laws come on the heels of Connecticut’s...more

Data Privacy + Cybersecurity Insider - September 2018

Robinson & Cole LLP on 9/11/2018

We reported last week that a spyware maker recently compromised users’ and victims’ sensitive information. Since that time, another spyware maker, mSpy, which holds itself out as having over a million users employing its...more

South Carolina Enacts Insurance Data Security Act

Alston & Bird on 8/20/2018

South Carolina recently enacted a prescriptive data security law for insurers. The law bears resemblance to the New York Department of Financial Services (NYDFS) cybersecurity rules that entered into force last year. ...more

Unclaimed Life Insurance Benefits: The First Half of 2018 in Review

Carlton Fields on 7/12/2018

The pace of developments in the unclaimed life insurance benefits space remained active in the first six months of 2018, with new judicial decisions and state legislative enactments making an impact....more

House Committee Considers Impact of Autonomous Vehicles on Insurance Models

Akin Gump Strauss Hauer & Feld LLP on 5/31/2018

• 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

South Carolina Enacts First Insurance Data Security Act

Ballard Spahr LLP on 5/21/2018

South Carolina has become the first state to enact a version of the Insurance Data Security Model Law, which was drafted by the National Association of Insurance Commissioners (NAIC) in 2017. Governor Henry McMaster signed...more

South Carolina becomes First State to enact Insurance Data Security Law based on NAIC Model

Troutman Pepper Locke on 5/17/2018

The NAIC adopted an Insurance Data Security Model Law. On May 3, 2018, the South Carolina Governor made South Carolina the first state in the nation to adopt a comprehensive cybersecurity statute for the insurance industry,...more

Data Privacy + Cybersecurity Insider - March 2018 #2

Robinson & Cole LLP on 3/9/2018

Cybersecurity Task Force Launched in Arizona - Arizona Governor Doug Ducey launched the Arizona Cybersecurity Team (ACT) by Executive Order on March 1, 2018. The ACT is comprised of 22 members representing officials from...more

Iowa And Virginia Insurance Regulators Adopt The NAIC’s Term Model Rules Governing Term And Universal Life Insurance Reserve...

Carlton Fields on 12/12/2017

Insurance regulators in Iowa and Virginia have adopted the NAIC’s Model Rules regulating term and universal life insurance reserve financing. The stated purpose of the rules is “to establish uniform, national standards...more

The Ascent Of State Attorneys General As Quasi-Policymakers

Cozen O'Connor on 9/5/2017

Casual observers understand the important and dynamic role that State Attorneys General (“AGs”) play across the country, whether that role is actively enforcing their state’s laws, challenging the federal government, or...more

New York Department of Financial Services Provides Guidance on Cybersecurity Regulation; Colorado Financial Regulator Proposes...

Proskauer on Privacy on 4/24/2017

In April 2017, the New York Department of Financial Services (the “DFS”) released guidance on interpreting 23 NYCRR Part 500, its recently promulgated regulation that requires banks, insurance companies and other financial...more

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