Washington–Language in a new House bill setting federal rules for companies' consumer data security would leave state regulators in charge of enforcing adherence in the case of insurance companies.
Under the 1945 McCarran-Ferguson Act regulation of insurers is left to the states.
The data security legislation introduced with bipartisan support last week would safeguard sensitive consumer information, fight identity theft, and create a uniform standard for notifying consumers of data breaches. It would bar states from setting their own data security regulations.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
