Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. These revisions are exposed for comment until January 11, 2021. As a result of the continuing COVID-19 pandemic, the NAIC once again met in a virtual format. NAIC Re-exposes Revisions to SSAP No.

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Insurance Paper Risk Analytics 68

Data Matters

SEPTEMBER 20, 2021

The amendment is consistent with Rule 18f-4 under the Securities and Exchange Commission (SEC) Investment Company Act of 1940 related to the use of derivatives by registered investment companies, including funds, which the SEC adopted in October 2020. If adopted, the accreditation standard would be effective for all states on January 1, 2026.

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Insurance e-Delivery Paper Sales 88

IT Governance

DECEMBER 27, 2019

Among other news: Lancashire-based Lad Media was wound up , and its director, Keith Hancock, was banned from forming or managing an organisation for four years, after the company was deemed to have violated the PECR (Privacy and Electronic Communications Regulations). The supreme court is expected to make its decision in 2020.

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Data breaches GDPR Passwords Personal data 69

Data Matters

AUGUST 24, 2018

The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products. Discussion following the presentation focused on stakeholder concerns regarding such use of big data, including the lack of consumer disclosures and confidentiality concerns.

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Insurance Big data e-Delivery Risk 60