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Expert Analysis

Dissecting NAIC's Insurance Data Security Model Law

By Lawrence Hamilton, Jeffrey Taft, Matthew Bisanz and Evan Sippel-Feldman ( November 28, 2017, 1:06 PM EST) -- On Oct. 24, 2017, the National Association of Insurance Commissioners adopted an Insurance Data Security Model Law.[1] The Model Law builds on existing data privacy and consumer breach notification obligations by requiring insurance licensees to comply with detailed requirements regarding maintaining an information security program and responding to and giving notification of cybersecurity events....

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