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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. The changes are effective December 31, 2021.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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The benefits of AI in healthcare

IBM Big Data Hub

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. Census Bureau , 28 million Americans didn’t have health insurance in 2020, and even those with insurance don’t always have coverage for every type of screening they need.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

billion in reported fraud in 2021 alone. 52% of companies with more than $10 billion in revenue were hit with fraud. Since the beginning of the COVID-19 pandemic, businesses have responded to fraud by adopting new tools and strategies to combat the ever-evolving threat. Why Use Fraud Management and Detection Tools?

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Behavioral Analytics in Cybersecurity: Does It Work as Advertised?

eSecurity Planet

One such solution is behavioral analytics, more specifically User and Entity Behavior Analytics (UEBA). Moreover, what about other behavioral analytics methods in cybersecurity? Check Out Best User and Entity Behavior Analytics (UEBA) Tools for 2022. What Is Behavioral Analytics?

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