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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. The changes are effective December 31, 2021. NAIC Adopts FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation .

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The benefits of AI in healthcare

IBM Big Data Hub

Artificial intelligence is used in healthcare for everything from answering patient questions to assisting with surgeries and developing new pharmaceuticals, benefitting both patients and healthcare systems. AI computer-assisted documentation can provide clinicians with suggestions that keep medical records as thorough as possible.

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Data breaches. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks. That partially explains why May’s total of 115,861,330 breached records is comparatively low. Ransomware.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

In November 2019, the IAIS agreed to a definition and approach for this assessment, and in November 2020, the IAIS released a draft document setting out the overarching principles and concepts for the assessment of whether the AM provides comparable outcomes to the ICS. These revisions are exposed for comment until January 11, 2021.