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Searching Content indexed under Insurance by Lawrence Hamilton ordered by Published Date Descending.
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1
Breaking Down Blockchain: Implications Of Blockchain Technology For The Insurance Industry
As the decade comes to a close, new technologies are having a major impact on how insurance industry participants conduct their operations – especially how they collect,
United States
8 Jul 2019
2
States Begin Adopting Insurance Cybersecurity Requirements
Bylined article by Insurance Regulatory partner Lawrence Hamilton (Chicago), Financial Services Regulatory & Enforcement partners Jeffrey Taft and Matthew Bisanz (both Washington, DC).
United States
25 Apr 2019
3
An Unconventional Circular Letter: NYDFS Provides The Nation's First Directive On The Proper Use Of Unconventional And Alternative Data
Last month, the New York State Department of Financial Services became the first US regulator to impose specific, substantive requirements on the use of "unconventional sources or types of external data" in financial services.
United States
20 Feb 2019
4
Finding Common Ground – Recent Developments In International Group Supervision
As with many industries, the insurance sector has become increasingly more complex and internationally connected over the past decade.
United States
19 Feb 2019
5
Keeping It Private: GDPR And Developments In Data Privacy In 2018
By any measure, 2018 was a major year for data privacy regulation. The most significant regulatory development in this area was the European Union's General Data Privacy Regulation ("GDPR") ...
European Union
29 Jan 2019
6
Eyeing AI: Artificial Intelligence And Its Increasing Impact On The Insurance Industry
The use of artificial intelligence ("AI"), which may be defined as the development of computer systems able to perform tasks normally associated with human intelligence ...
United States
15 Jan 2019
7
Reinsurance Collateral Requirements – They Are A-Changing: An Update On The Covered Agreement Prior To The NAIC Fall Meeting
In mid-November, the NAIC will be holding its fall meeting, bringing together insurance regulators, companies and stakeholders to discuss issues facing the insurance industry today.
United States
19 Nov 2018
8
Deciphering Cybersecurity: An Introduction To Cybersecurity Regulatory Initiatives In The Insurance Industry
The past five years have seen a massive acceleration in the amounts of data being generated, processed and stored in virtually every industry, including insurance.
United States
19 Oct 2018
9
NAIC Proposes Cybersecurity Model Law For The Insurance Industry
On March 2, 2016, the National Association of Insurance Commissioners' Cybersecurity Task Force proposed a comprehensive Model Law that is intended "to establish the exclusive standards for data security and investigation and notification of a breach of data security" for licensed insurance companies.
United States
11 Mar 2016
10
National Association Of Insurance Commissioners Issues Cybersecurity Roadmap
The National Association of Insurance Commissioners' Executive Committee and Plenary has approved the NAIC Roadmap for Cybersecurity Consumer Protections, formerly the Cybersecurity Bill of Rights.
United States
5 Jan 2016
11
NAIC Adopts Guidance On Acquisition Of Control Of US Insurers
Any person or company that wishes to acquire control of a US insurer is required to file an acquisition statement called a "Form A" with the insurance regulatory authority in the state where the target insurer is legally domiciled
United States
24 Apr 2015
12
NYDFS Letter To Insurance Executives Regarding Cyber Security
Following up on its promise to "integrate regular, targeted assessments of cyber security preparedness at insurance companies as part of [its] examination process," the New York Department of Financial Services ("DFS") issued a letter on March 26, 2015.
United States
1 Apr 2015
13
New York Department of Financial Services Cyber Security Examination
On December 10, 2014, the New York Department of Financial Services (NYDFS) issued a letter to banking institutions chartered or licensed in New York notifying them of an expansion of the NYDFS information technology examination procedures to focus on cyber security issues as an integral aspect of risk management.
United States
12 Dec 2014
14
Global Corporate Insurance And Regulatory Bulletin - Second Quarter 2014
US – Ongoing Consideration by NAIC of Reserve Financing, Use of Captives, and Principle-Based Reserving
Worldwide
29 Aug 2014
15
Global Corporate Insurance And Regulatory Bulletin - First Quarter 2014
As reported in our prior bulletins, on 18 July 2013 the International Association of Insurance Supervisors published a methodology for identifying global systemically important insurers together with a set of policy measures that will apply to such insurers.
Worldwide
6 May 2014
16
Enterprise Risk Reports Due Soon
This is a friendly reminder that the deadline for filing enterprise risk reports is fast approaching in states that require them.
United States
18 Mar 2014
17
District Court Victory For Validus Re In Cascading FET Case Leaves Many Questions Unanswered; Government Likely To Appeal
Judge Amy Jackson clearly sided with Validus Re in her February 5 opinion in Validus Re’s closely followed lawsuit in US federal district court in Washington, DC.
United States
10 Feb 2014
18
Global Corporate Insurance & Regulatory Bulletin, December 2013
As reported in our July 2013 bulletin, on July 18, 2013, the International Association of Insurance Supervisors published a methodology for identifying global systemically important insurers together with a set of policy measures that will apply to such insurers.
Worldwide
15 Jan 2014
19
FIO Releases Its Long-Awaited Report Mandated By The Dodd-Frank Act
On December 12, 2013, the Federal Insurance Office (FIO) submitted to Congress and released a report entitled, "How to Modernize and Improve the System of Insurance Regulation in the United States."
United States
16 Dec 2013
20
Global Corporate Insurance & Regulatory Bulletin, November 2013
The China Insurance Regulatory Commission announced new rules ("Implementing Rules of Provisional Measures on Outbound Investments with Insurance Capital") in October.
Worldwide
6 Dec 2013
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