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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. This post summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Summer Meeting. 1. NAIC to Develop New Privacy Model Law.

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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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The Week in Cyber Security and Data Privacy: 23–29 October 2023

IT Governance

Incident details: The Russian hacking group APT28 has been targeting a range of unspecified French organisations for the past two years, according to an ANSSI report. Thousands of drivers have sensitive data exposed to hackers in major IT breach Date of breach: Unclear, but breached documents date back to 2017.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Accessed March 13, 2022. 1 General Data Protection Regulation.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Who is Alleged Medibank Hacker Aleksandr Ermakov?

Krebs on Security

Authorities in Australia, the United Kingdom and the United States this week levied financial sanctions against a Russian man accused of stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. The attackers who broke into Medibank in October 2022 stole 9.7 It’s not hard to see why.

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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. Term and Universal Life Insurance Reserve Financing Model Regulation and 2016 Revisions to the CFR Model Laws.