March 29, 2024
Daily News
Insurance commissioner: Regulators look to set ‘rules of the road’ on cyber
A series of initiatives underway at the National Association of Insurance Commissioners will establish "rules of the road" for the insurance industry's efforts and offerings on cybersecurity, according to Adam Hamm, insurance commissioner for North Dakota and chairman of NAIC’s cybersecurity task force.
The association of insurance regulators aims to “cement” generally accepted practices into state and federal regulations in the coming years, Hamm said Thursday at the American Academy of Actuaries policy summit in Washington. NAIC is also a...