Biometric data is information that is biologically unique to an individual and includes retina and iris scans, fingerprints, voiceprints, and scans of hand and face geometry, among other information. Photo: greenbutterfly/Adobe Stock
July 1 ushered in new state laws in Colorado and Connecticut, governing the collection and use of biometric data. These statutes create a new potential source of exposure for companies that use biometric data in their business operations. The new statutes serve as a reminder to businesses about the role of insurance, and how existing insurance policies can serve to protect bottom lines, as similar legislation continues to sweep across the U.S.
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