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Recent Idaho State Board of Education president announces run for state superintendent Debbie Critchfield and last updated 2021-05-11 19:02:35-04 BURLEY, Idaho â Seven-year Idaho State Board of Education member and immediate past president, Debbie Critchfield, has announced her candidacy for state superintendent of public instruction on Tuesday, and will pursue the elected position as a Republican. Focusing on current challenges and statewide discussions, Critchfieldâs primary focus is to restore the value of an Idaho education. âParents are questioning the effectiveness of...
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...
To print this article, all you need is to be registered or login on Mondaq.com. Editor's note: This has been excerpted with permission from Mayer Brown's "Global Insurance Industry 2020 Year in Review." Find the entire report here. Despite the insurance industry's continued investment in insurtech in 2020, the COVID-19 pandemic posed particular challenges for state insurance regulators. Consumer dissatisfaction, whether expressed or simply feared, caused regulators to issue varying degrees of guidance and mandates. Regulators that historically would have balked at mid...
Viewpoint: The Future of Commercial Insurance Is Connected Insight By Chris Koverman | April 1, 2021 Artificial intelligence adoption across the insurance industry is taking off. In its report, “The Dawn of the Age of AI in Insurance,” Genpact noted that insurers recognize the value and potential of AI, “with 87% of carriers investing more than $5 million in AI-related technologies each year. This is more than both banking (86%) and consumer goods and retail companies (63%).” Genpact’s researchers also projected that AI would make a fundamental im...