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ARTICLE · 10 SEPTEMBER 2020

NAIC Continues To Consider Privacy Regulatory Framework For Insurance

Clyde & Co
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On Thursday, July 30, 2020, the National Association of Insurance Commissioners ("NAIC") Privacy Protections (D) Working Group (the "Working Group") met virtually as part of the NAIC Summer 2020 National Meeting.

United KingdomPrivacy
Jared Wilner
Jared Wilner
Megan Kuzniewski
Megan Kuzniewski
Vikram Sidhu
Vikram Sidhu
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On Thursday, July 30, 2020, the National Association of Insurance Commissioners ("NAIC") Privacy Protections (D) Working Group (the "Working Group") met virtually as part of the NAIC Summer 2020 National Meeting.  During the conference call, the Working Group received an update on data privacy legislation and reviewed plans to begin an analysis of existing privacy laws and regulations for insurance.  As we had previously reported, the Working Group has been evaluating the existing NAIC privacy model laws and regulations to identify whether there is a need for new requirements or amendments to any existing NAIC model laws and regulations.

The Working Group first heard updates on state and federal legislative activity relating to privacy protections including, inter alia, regarding the Data Accountability and Transparency Act of 2020 ("DATA 2020"), a discussion draft of which was recently released.  DATA 2020 contains various provisions that would apply to the

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