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Insurance Regulation

NAIC ADOPTS CYBERSECURITY INSURANCE REGULATORY GUIDELINES

NAIC ADOPTS CYBERSECURITY INSURANCE REGULATORY GUIDELINES

| Written By: Karen Asher-Cohen | Insurance

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 […]

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Anti-Fraud Rule Changes – Important?

Anti-Fraud Rule Changes – Important?

| Written By: Travis Miller | Insurance

Subtle changes can have substantial impacts.  Or they can just be clean ups. Traditionally, Rule 69D-2.005, Florida Administrative Code, has placed the duty of conducting audits of insurance company SIUs and Anti-Fraud plans with the Office of Insurance Regulation.  The plans were to be filed with the Division of Insurance Fraud, located in the Department […]

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