The NAIC is developing a new Consumer Privacy Protections Model Act (# 674) which will replace the preexisting Insurance Information & Privacy Protection Model Act (# 670) and Privacy of Consumer Financial & Health Information Regulation (# 672). The Working Group exposed its first draft on January 31 for a 60-day public comment period which closes April 3. Yesterday at the NAIC Spring National Meeting, the Working Group adopted a work plan which lays out a detailed schedule across the spring and summer for regulatory only meetings, consultations with industry, and open sessions, including public comment periods and final approval at the Fall National Meeting in December.
