Our Positions | Cybersecurity


Cybersecurity is an issue of growing importance for insurers as well as society in general. Insurers encounter cybersecurity issues in a variety of ways. Like all members of the interconnected business community, insurers are potential targets as they hold consumer personal information. Because of this, insurers have an obligation to take steps to protect that information as well as to play a role in the development of how society responds to the growing exposure to cyber risk by insuring.


Issue Analysis Papers

Understanding the Evolving Cybersecurity Standards Landscape for Insurers
The amazing benefits of a technologically advanced and interconnected society have not been attained without the price of sobering exposure to substantial and even potentially catastrophic harm. The headlines regularly convey the latest security breaches, typically involving increasing volumes of a variety of information being accessed or stolen, affecting a larger number of individuals as potential victims. Unsurprisingly, the insurance industry, given its role in supporting risk management by businesses and individuals, has not been immune in...

Delaware: DOI Updates Cybersecurity Compliance Bulletin

October 16, 2020 The Delaware Department of Insurance has revised and updated Universally Applicable Bulletin No. 5, which addresses compliance with Delaware’s enacted version of the National Association of Insurance Commissioners’ Insurance Data Security Act... Read more

Delaware: DOI Updates Cybersecurity Compliance Bulletin

October 9, 2020 The Delaware Department of Insurance has revised and updated Universally Applicable Bulletin No. 5, which addresses compliance with Delaware’s enacted version of the National Association of Insurance Commissioners’ insurance data... Read more

Privacy Protections (D) Working Group to Consider Consumer Issues, Insurer Responsibilities, Regulatory Enforcement

August 17, 2020 The NAIC Privacy Protections (D) Working Group met virtually on July 30 as part of the 2020 Summer National Meeting. Its agenda focused in on returning to the topic rather than focusing on substantive concepts and provisions. Most of the meeting was... Read more

Study on Cyber Insurance Attached to House Defense Reauthorization Bill

July 20, 2020 Rep. Al Green, D-Texas, is proposing an amendment to the National Defense Authorization Act that would require the Government Accountability Office to conduct a study analyzing availability of insurance coverage in the U.S. for... Read more

Louisiana NAIC 2017 Cybersecurity Model Law Enacted

June 19, 2020 Enacted HB 614 substantially adopts the provisions of NAIC’s Insurance Data Security model law. Read more

Contacts

Jon Bergner
Vice President - Public Policy and Federal Affairs

202.580.6751

  Jon