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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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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. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

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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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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

California law also requires businesses that suffer a breach of security to disclose the breach to consumers, and in some instances law enforcement, if sensitive information is compromised. The CCPA goes into effect January 1, 2020. The CCPA governs how businesses treat “consumer” “personal information.” CCPA Background.

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The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

California law also requires businesses that suffer a breach of security to disclose the breach to consumers, and in some instances law enforcement, if sensitive information is compromised. The CCPA goes into effect January 1, 2020. The CCPA governs how businesses treat “consumer” “personal information.” CCPA Background.

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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. The regulations lay out a number of general principles to govern verification responsibilities. Need for Security Measures. As laid out below, the nature and breadth of the Attorney General’s proposed regulations explain why they took so long to produce. General Rules (§ 998.323).

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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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