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NAIC Insurance Data Security Model Law (Model No. 668) - Information Security Program, Risk Assessment, Third-Party Oversight, Cybersecurity Event Notification, and Annual Certification

Requires all licensed insurers, reinsurers, and other covered financial institutions operating in the U.S. insurance sector to implement a comprehensive…

What NAIC Insurance Data Security Model Law (Model No. 668) - Information Security Program, Risk Assessment, Third-Party Oversight, Cybersecurity Event Notification, and Annual Certification requires

Requires all licensed insurers, reinsurers, and other covered financial institutions operating in the U.S. insurance sector to implement a comprehensive information security program based on risk assessment, including written safeguards, third-party provider oversight, incident response planning, and mandatory 72-hour notification to the state insurance commissioner following a cybersecurity event as defined in Section 7. Applies to licensees under state insurance law adopting the model.

Pillar: Insurance & Risk · Authority: National Association of Insurance Commissioners (NAIC) · Version: 1.0.0 · Last updated:

Primary source: https://content.naic.org/sites/default/files/model-law-668.pdf

SHA-256 integrity: 0636a4a80cd1b261558a925219f86995691c2094cb1a33db49586bd6abd04d19

Primary Citations — 5 traced to source

  • NAIC Insurance Data Security Model Law, https://content.naic.org/sites/default/files/model-law-668.pdf, Section 4, 2017
  • NAIC Insurance Data Security Model Law, https://content.naic.org/sites/default/files/model-law-668.pdf, Section 5, 2017

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