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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. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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“An act of war”: Zurich American refuses to pay out on cyber insurance policy following NotPetya attack

IT Governance

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. The UK government and the CIA blame the attack on Russian state-sponsored hackers, claiming it was the latest act in an ongoing feud between Russia and Ukraine. Was NotPetya an act of war?

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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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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

For instance, a small healthcare provider would need to retain patient records for a different duration than a retail business would need to keep sales invoices. Record Retention Guidelines: Industry-Specific Needs The landscape of legal and regulatory requirements for record retention is as diverse as the industries it governs.

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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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State of the Global Capture & IDP Market

Info Source

Business inputs have increasingly shifted from paper to a variety of digital sources arriving via a broad range of communication channels including email, fax, smart devices, and social media. Demand for solutions to automate processes in the Finance Segment, in which we include BFSI and Insurance, grew strongly in 2021.

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Weekly podcast: Password managers, unpatched vulnerabilities, formjacking and Wendy’s

IT Governance

Hello, and welcome to the IT Governance podcast for Thursday, 21 February 2019. Formjacking attacks are, “the ISTR says, “simple and lucrative: cyber criminals load malicious code onto retailers’ websites to steal shoppers’ credit card details”. million of this amount, the rest being covered by insurance.