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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

Another example is the inclusion of remediation details for old vulnerabilities (including some dating back to 2018) and CISA stating that the Russian state-sponsored advanced persistent threat (“APT”) actors have used these “common but effective” vulnerabilities for attacks. The post U.S.

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California Enacts Broad Privacy Laws Modeled on GDPR

Data Matters

Jerry Brown signed into law the California Consumer Privacy Act of 2018 (AB 375). This legislation was enacted on an extraordinarily accelerated timeframe as part of compromise with the sponsor of a comparable privacy ballot initiative, which had qualified to be placed before state voters on Election Day in November 2018.

GDPR 79
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Time and tide waits for no man – IoT in Insurance

CGI

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. For example, car insurance could be varied between theft and fully comprehensive when the Car is not being used.

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California Enacts Broad Privacy Protections Modeled on GDPR

Data Matters

Jerry Brown signed into law the California Consumer Privacy Act of 2018 (AB 375). This legislation was enacted on an extraordinarily accelerated timeframe as part of compromise with the sponsor of a comparable privacy ballot initiative, which had qualified to be placed before state voters on Election Day in November 2018.

GDPR 60
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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Understanding HIPAA: A Guide to Avoiding Common Violations

Armstrong Archives

The Health Insurance Portability and Accountability Act (HIPAA) ensures individuals’ health data protection and privacy. This includes insurance companies, nurses, and doctors. It’s all about creating the perfect balance between optimal medical services while upholding patient privacy.