PA Adopts NAIC Privacy Regulations

Pennsylvania Insurance Commissioner Diane Koken, in her capacity as the state regulator for the insurance industry, has signed a historic agreement establishing protocols for sharing and protecting confidential information between other state insurance departments. Developed by the National Association of Insurance Commissioners (NAIC), this agreement will help maximize resources and effectiveness of state insurance regulators by facilitating and streamlining the exchange of sensitive information, the state Insurance Department says. At the same time, safeguards are established that will pro...