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Michigan Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. S ee CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500. S ee CT Gen Stat § 38a-999b (2015) ; 23 NYCRR 500. 6491 (Act). MCL § 500.553(g). MCL § 500.550.

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Axis Insurance Company v. American Specialty Insurance & Risk Services, Inc. (N.D. Ind. 2021)

eDiscovery Law

Key Insight: Plaintiff’s Motion to Compel sought missing documents and communications from, and the correction of metadata “issues” from Defendant and its parent company (via third party subpoena), and sought an award of attorney’s fees and costs.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

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UK cyber crime rate has doubled in the past five years

IT Governance

This equates to 25% of all UK businesses, compared to 13% in 2015. On the plus side, the average cost of breaches has fallen from £26,000 per incident in 2015 to £6,000 in 2019 – although that’s offset by the increase in the overall number of incidents. Beaming’s Five Years in Cyber Security found that 1.5

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Federal Privacy Commissioner Published Guidance on What Is “Sensitive” Personal Information

Data Protection Report

On May 16, 2022, the Office of the Privacy Commissioner of Canada (the “OPC”) released an Interpretation Bulletin (the “Bulletin”) on what it considers to be “sensitive” personal information under the federal Personal Information Protection and Electronic Documents Act (“PIPEDA”). Reputational Harm.

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Maze ransomware gang discloses data from drug testing firm HMR

Security Affairs

“Many of the ID documents we have on file have expired, but if you believe you provided to HMR IDs that are still valid, report these documents as being compromised to the organisation that issued them.” Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. ” continues the notification.