After years of development work, the National Association of Insurance Commissioners’ Privacy Protections Working Group’s efforts are again caught in a windstorm.
The working group began its efforts at creating a new privacy model over five years ago. Its efforts culminated with a draft privacy model, Insurance Consumer Privacy Protection Model Law (#674), on February 6, 2023. The draft, however, has faced strong headwinds and underwent stormy revisions. A June 12, 2024, vote appears to have burst the draft model’s balloon for good, and the working group is now back to flying its kite from existing Model #672. Blustery conditions will likely continue.