Two States Enact Insurance Data Security Laws
Hunton Andrews Kurth writes:
In April 2022, two states enacted insurance data security legislation based on the National Association of Insurance Commissioners (“NAIC”) Insurance Data Security Model Law (MDL-668). Kentucky Governor Andy Beshear signed HB 474 into law on April 8, 2022, and Maryland Governor Larry Hogan signed SB 207 into law on April 21, 2022. The new laws establish data security obligations for insurance carriers and generally require carriers to take the following actions, subject to certain exemptions…
Read more at Privacy & Information Security Law Blog.