Individual states seem to be leading the way for data privacy regulation discussions as the U.S. federal government has yet to propose a national privacy bill that would affect insurers. (Photo: Shutterstock)
Privacy regulations and legislation are topics that continue to be of concern for businesses. News of data breaches, data vulnerabilities and compromised private information is released almost daily from businesses small and large, some of which are insurers.
It follows that individual state legislation has recently been proposed to address such data privacy needs. Several states including Virginia, Vermont, Colorado, New York and New Jersey recently introduced privacy regulations. And California recently adopted the California Consumer Privacy Act (CCPA), which gives citizens the right not only to protect their own data but also obligates businesses to disclose exactly which information has been collected about them.
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