NAIC Insurance Data Security Model Law News

South Carolina to Hold Info Session on New Insurance Data Security Law

The South Carolina Department of Insurance will hold an information session Monday, Sept. 10, on the South Carolina Insurance Data Security Act for state insurance licensees. According to a media release, it will address the legal, regulatory and compliance issues …

South Carolina Insurer Data Security Law Should Be Nationwide Role Model

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted the Insurance Data Security Model Bill, also known as the NAIC “Model Law.” NAIC’s Model Law seeks to establish a guiding framework that provides actionable expectations to regulated entities …

South Carolina Passes First Insurance Industry Cybersecurity Law

South Carolina has become the first state to pass a cybersecurity bill requiring any insurance entity operating in the state to establish and implement a cybersecurity program protecting their business and their customers from a data breach. And while the …