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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. This post summarizes the highlights from this meeting. Department of the Treasury and the Office of the U.S.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data .

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

More and more, directors are viewing cyber-risk under the broader umbrella of corporate strategy and searching for ways to help mitigate that risk. Despite the plethora of cyber-risk guidance that has surfaced in recent years, however, there is no “silver bullet” for cyber incident response and prevention.

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US Senators introduce IoT cybersecurity bill

Data Protection Report

On August 1, 2017, US Senators unveiled a bipartisan bill to mandate baseline cybersecurity requirements for internet connected devices purchased by the federal government. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017.

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What IG Professionals Should Know About the Internet of Bodies

ARMA International

A company in Wisconsin had a “chipping party” in 2017 to implant microchips in some of its employees to make it easier for them to access the buildings and systems and to buy food in the company break room. [1]. Benefits and Risks. Each type of IoB device brings with it benefits and risks. November 12, 2018. Spring 2018.

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A consumer perspective on FinTech disruption (part 2)

CGI

Fri, 01/13/2017 - 00:36. CGI conducted a survey in 2016 to help gauge this impact, reaching out to bank consumers to explore their expectations and assess how banks can better compete with FinTechs in meeting those expectations. IoT-based auto insurance pricing. Finally, many consumers are simply risk averse.