The National Association of Insurance Commissioners Spring
Meeting convened in Phoenix, Arizona from March 28-March 31, 2015.
Included herein is an update on important meeting events and
information.
Cybersecurity
A standing room only crowd witnessed the kickoff meeting of the
NAIC Cybersecurity (EX) Task Force on March 29, 2015. The Task
Force heard a presentation from Anthem executives on their progress
in responding to a recent cyberattack, and the Task Force also
considered its draft Principles for Effective Cybersecurity
Insurance Regulatory Guidance and agreed to extend the comment
period until April 10, 2015.
Included among the draft Principles are the following:
- Insurance regulators have a significant role and responsibility
regarding protecting consumers from cybersecurity risks (Principle
1).
