States adopting naic cybersecurity model law
WebJul 16, 2024 · The NAIC Hawaii Insurance Data Security Model Law has been adopted in eleven other states. By Hannah Smith JD July 16, 2024 at 12:11 PM X WebApr 21, 2024 · Kentucky is The Latest State to Adopt the NAIC Insurance Data Security Model Law. Thursday, April 21, 2024. Kentucky Governor Andy Beshear recently signed House Bill 474 to become the latest state ...
States adopting naic cybersecurity model law
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WebMay 1, 2024 · The NAIC Data Security Model Law (Model 668) continues its journey through the various state legislatures. Whether all 50 states meet the U.S. Treasury-recommended 2024 deadline for adoption of uniform data security regulations for the industry remains to be seen. 1 Currently, as set forth in the chart below, 18 states have adopted Model 668. WebJul 24, 2024 · Currently, there are four states plus the District of Columbia that have added or plan to add the Model Law to their 2024 legislative calendars: Rhode Island, Vermont, Louisiana, Nevada, and the District of Columbia. Rhode Island introduced the Insurance Data Security Act on February 28, 2024.
WebAug 30, 2024 · The Model Law is a noteworthy development because, first, it follows the comprehensive and prescriptive approach of the NYDFS Cybersecurity Regulation and, second, it will likely be adopted in some form in most states, which signals a national approach to cybersecurity for the insurance industry. WebDec 26, 2024 · The NAIC is a standard setting and regulatory support organization consisting of the top insurance regulators from the 50 states, District of Columbia, and five U.S. territories. The model law ...
WebApr 23, 2024 · North Dakota’s adoption of the Model Law will take effect on August 1, 2024. For North Dakota, the requirements to report and document cybersecurity events and … Webwhich column the citation falls under, you will know whether the NAIC Legal Division has deemed a state’s law to be adoption of a model or not. To perform further res earch, use the citations to locate state laws. ... NAIC Model Laws, Regulations, Guidelines and Other Resourc es—Summer 2024 INSURANCE DATA SECURITY MODEL LAW .
WebApr 15, 2024 · Maine and North Dakota Are Latest States to Adopt the NAIC Data Security Model Law Thursday, April 15, 2024 Two more state governors, those of Maine and North …
WebMar 24, 2024 · On March 18, 2024, Indiana Governor Eric J. Holcomb signed HB 1372, making Indiana the most recent state to adopt a version of the National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law ( MDL–668 ). HB 1372 applies to those that must obtain authorization, registration, or licensure under … dial a ride newtownWebDec 6, 2024 · The adoption of the NAIC model law is part of a broader industry trend that has seen regulatory requirements related to cybersecurity become increasingly specific … dial a ride phone number ctWebDec 20, 2024 · Adopted the Principles for Effective Cybersecurity: Insurance Regulatory Guidance. Adopted the NAIC Roadmap for Cybersecurity Consumer Protections, a project aimed at bolstering consumer protection. Updated the Financial Condition Examiners … cinnamon toast crunch bagelWebMay 10, 2024 · Several states have adopted versions of the Model Law, including Alabama, Connecticut, Delaware, Indiana, Louisiana, Michigan, Mississippi, New Hampshire, Ohio, … cinnamon toast crunch bagWebMar 27, 2024 · At least 18 states have adopted some version of the NAIC cybersecurity law, and in several of those states, the deadline for initial compliance has already passed. See … cinnamon toast crunch backgroundWebAdopted in the fourth quarter of 2024, the National Association of Insurance Commissioners (NAIC) Data Security Model Law (Model Law) requires insurers and other entities licensed by state insurance departments to develop, implement, and maintain an information security program; investigate any cybersecurity events; and notify the state insurance … cinnamon toast crunch ballsWebApr 4, 2024 · A growing number of states are enacting cybersecurity legislation for the insurance industry, pushing insurers to review their security protocols. South Carolina, Ohio and Michigan have enacted data security laws for insurers over the past year. dial a ride phone number grand forks nd