TOTAL: ${[ getCartTotalCost() ]} Update cart for total shopping_basket Checkout

Daily Dashboard | California Approves Insurance Reg Amendments Related reading: Target agrees to pay $18.5M for 2013 data breach

rss_feed
OneTrust_Square Banner_300x250_DD_ROS_01_19
Webcon_PA_300x250_ad_April-17_FINAL
PrivacyTraining_ad300x250.Promo1-01

The California Office of Administrative Law has approved Department of Insurance plans to repeal portions of its privacy regulations, Insurance Journal reports. Effective immediately, agents and brokers will no longer be required to mail privacy policies to customers annually nor must they provide customers with an opt-out form to prevent broker-agents from shopping on renewal, the report states. "The department had no legal authority to enforce opt-out notification, but so long as the requirement was on the books, many broker-agents incurred very substantial expense attempting to meet those requirements," said Steve Young, general counsel of the Insurance Brokers and Agents of the West, the group that requested the change.
Full Story

Comments

If you want to comment on this post, you need to login.