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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. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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GDPR is upon us: are you ready for what comes next?

Data Protection Report

The wait is finally over—this Friday the European Union General Data Protection Regulation (GDPR) will come into force. If you missed our previous blog articles, the European Commission released a new website with extensive guidance on GDPR implementation, together with a Fact Sheet containing Q&As on the GDPR.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if. groups to non-U.S.

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A Guide to CCPA Compliance and How the California Consumer Privacy Act Compares to GDPR

erwin

California Consumer Privacy Act (CCPA) compliance shares many of the same requirements in the European Unions’ General Data Protection Regulation (GDPR). Data governance , thankfully, provides a framework for compliance with either or both – in addition to other regulatory mandates your organization may be subject to.

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The Week in Cyber Security and Data Privacy: 11 – 18 December 2023

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. We’re also introducing two new categories this week: ‘AI’ and ‘Key dates’. Data breached: personal data belonging to 14,690,284 individuals. Data breached: 8 TB.

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East Coast Meets West Coast: Enter the Virginia Consumer Data Protection Act

Data Matters

For over two and a half years, California has enjoyed the spotlight of having the most comprehensive data privacy law in the United States. Ralph Northam signed into law the Virginia Consumer Data Protection Act (VCDPA). On March 2, 2021, Virginia forced California to share the honors, when Democratic Gov. Exemptions.