Witryna5 sie 2024 · To date, six states from Michigan to Alabama have adopted versions of the National Association of Insurance Commissioner’s model insurance data security law (the “NAIC model”). The NAIC model generally requires entities licensed or authorized to operate under a state’s insurance laws to develop a cybersecurity program, … Witryna5 paź 2024 · The NAIC Insurance Data Security Model Law is relevant to data folks and leadership at all insurance companies operating in the United States. Although this law is currently implemented only in selected states, the US Treasury Department has recommended prompt adoption of this model by states. If the NAIC Insurance Data …

5 things to know about the NAIC

Witryna20 gru 2024 · The state-by-state adoption of laws that are similar to or overlapping with the NAIC Insurance Data Security Model Law will continue at an unpredictable pace. As of this writing, over a half dozen states are debating these rules and determining the best way to apply the NAIC’s law while also weaving in coverage from the 2024 … WitrynaThe purpose of the NAIC Model Law is to establish standards for data security and breach notification for licensees. Licensees (individuals and nongovernmental entities, like insurance agents/agencies) are required to be authorized in accordance with their state’s laws. It may include other businesses like car rental companies and travel ... mtf hrt youtube

NAIC Data Security Model Act - 83rd Minnesota Legislature

Witryna9 sie 2024 · In an effort that largely began with establishing a task force in 2014, the NAIC adopted a Data Security Model Law in November 2024. The Model Law is intended to provide a benchmark for any ... Witryna11 kwi 2024 · The NAIC model law, however, only states that organizations must “no … WitrynaNAIC Data Security Model Law (“NAIC Model Law”) establishes a framework of … how to make pepper spray at home for safety