NAIC Privacy Draft Model Gets Its Balloon Burst

Carlton Fields
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Carlton Fields

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.

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