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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. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

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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 Summer Meeting was highlighted by the following activities. Under Regulation Best Interest (Regulation BI), as adopted by the U.S.

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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. 26R — Bonds (SSAP No.

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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. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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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. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data.

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UK cyber crime rate has doubled in the past five years

IT Governance

Beaming’s Five Years in Cyber Security found that 1.5 million organisations fell victim to cyber crime in 2019. On the plus side, the average cost of breaches has fallen from £26,000 per incident in 2015 to £6,000 in 2019 – although that’s offset by the increase in the overall number of incidents.

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$10,000,000 civil penalty for disclosing personal data without consent

Data Protection Report

As part of the order, the company agreed to post “clearly and conspicuously” on its websites and apps for the next two years: Between October 2019 and [date], we shared the personal of information of consumers visiting our website and apps with other companies without their permission. million consumers between October 2019 and March 2023.