NAIC urged to address issues related to use of AI in insurance
Insurance Regulation News, NAIC, cybersecurity, AI technology
News & Updates
cybersecurity
Governor DeSantis Vetoes Cybersecurity Liability Protection Bill
Governor Ron DeSantis has vetoed House Bill 473 (HB 473) related to cybersecurity liability protection as passed by the Florida legislature in the 2024 regular legislative session. The bill would have provided that a county, municipality or other political subdivision substantially complying with standards and protocols under current law is not liable in connection with […]
Automotive hacking – the cyber risk auto insurers must consider
auto insurance, Insurance Regulation News, cybersecurity, auto insurers
McCarty Receives Lifetime Achievement Award
Florida Insurance Commissioner Kevin McCarty received the Lifetime Achievement Award from the Florida Association for Insurance Reform (FAIR) at its 2015 awards banquet. FAIR is a non-profit association that works to educate consumers and industry stakeholders about the effects of insurance public policy considerations. FAIR attempts to encourage dialogue among consumers, insurers, public adjusters, the trial […]
NAIC ADOPTS CYBERSECURITY INSURANCE REGULATORY GUIDELINES
In response to increasingly significant cybersecurity risks and in an effort to protect the insurance industry’s data security and infrastructure, the NAIC has adopted the Principles for Effective Cybersecurity Insurance Regulatory Guidelines. The 12 guiding principles are intended to establish regulatory guidance for insurance companies, and encourage the industry to identify risks and adopt proactive […]