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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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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

Definition and Purpose of a Records Retention Schedule. These records are typically organized by grouping them by function or department and then described as either an individual record or grouped together into a record category. 8 This is the GDPR definition and other countries have similar broad definitions of personal data.

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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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Italy: Privacy law integrating the GDPR adopted, what to do?

DLA Piper Privacy Matters

The uncertainty is due to the fact that the provisions of the GDPR referring to data processors definitely are drafted having in mind entities and individuals outside the data controller’s organization. those performed by banks), to even the decision on simplified consent provided for the acceptance of cookies.

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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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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.