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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The revised SAT, which the NAIC adopted in February 2020, incorporates a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity. The bond definition concepts are not considered final, as further discussion and deliberation will occur during the remainder of this project.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

The CCPA’s definition of “consumer” is equally broad. This definition therefore not only encompasses a “consumer” in the traditional sense (i.e., The business community is already lobbying the California legislature to narrow this definition. The CCPA governs how businesses treat “consumer” “personal information.”

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The Annuity Suitability Working Group (ASWG) led the NAIC’s multi-year efforts to develop revisions to the Suitability in Annuity Transactions Model Regulation (SAT) to incorporate a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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7 Benefits of Metadata Management

erwin

However, most organizations don’t use all the data at their disposal to reach deeper conclusions about how to drive revenue, achieve regulatory compliance or accomplish other strategic objectives. Connect physical metadata to specific data models, business terms, definitions and reusable design standards. What Is Metadata?

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