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Iowa Law Safeguards Insurance Consumers’ Private Data Iowa Gov. Kim Reynolds recently signed a bill to set data and cybersecurity standards, which will be overseen by the state insurance commissioner, to protect insurance consumers’ private information. May 27, 2021 •  In a move to defend insurance consumers’ private information, Iowa Gov. Kim Reynolds has enacted a bill to set new standards related to data security, investigations and cybersecurity events for insurance companies. The bill, known as HF 719, came about in response to several major...

Maine One of Latest States to Enact NAIC-Inspired Insurance Data Security Act Maine is one of the latest states to enact its own version of the National Association of Insurance Commissioners (NAIC) model data security law, signing the Maine Insurance Data Security Act into law on March 17. The NAIC Insurance Data Security Model Law was formally adopted in 2017 and aims to establish data security standards for regulators and insurers to mitigate damage from a data breach. It has since been adopted by several U.S. states, with Maine and North Dakota being two of the latest. “The NAIC model d...