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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. The March 7, 2019, exposure drafts of the CFR Model Laws have been revised to address those comments as well as certain other comments received from interested parties.

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CNIL Unveils 2019 Inspection Program and 2018 Annual Activity Report

Hunton Privacy

The French Data Protection Authority (the “CNIL”) recently published its Annual Activity Report for 2018 (the “Report”) and released its annual inspection program for 2019. Overall, only 11 sanctions were imposed by the CNIL’s Restricted Committee in 2018, including 10 fines. percent compared to the number of complaints in 2017).

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Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

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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. Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation.

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Nevada, New York and other states follow California’s CCPA

Data Protection Report

On May 29, 2019, Nevada enacted an amendment to its online privacy law, requiring businesses to offer consumers a right to opt-out of the sale of their personal information. 10-word summary. 10-word summary. Exempts from deletion personal information needed to complete insurance transactions. Bills to Narrow CCPA.

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CCPA In-Depth Series: Draft Attorney General Regulations on Verification, Children’s Privacy and Non-Discrimination

Data Matters

On October 10, 2019, this wait finally ended. First, businesses must have a written verification plan that documents the methods the business will use to verify the identities of people who submit requests to know or delete personal information. Need for Security Measures. Written Verification Plan.

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CCPA In-Depth Series: Draft Attorney General Regulations on Consumer Requests

Data Matters

On October 10, 2019, this wait finally ended. Those 10 days do not extend the 45-day response requirement, although the businesses may extend the deadline to a maximum total of 90 days if it provides consumers with notice and an explanation of the need for the extension. Security Concerns.

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