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NAIC Principles of Cyber Security

On April 17, 2015, the National Association of Insurance Commissioners (NAIC) announced its Principles for Effective Cyber Security due, in part, to recent cyber breaches by insurers. The insurance industry looks to state insurance regulators to aid in the...

Proposed Self-Insurance Protection Act (SIPA) Update

The Self-Insurance Protection Act (SIPA), as proposed, amends the definition of “health insurance coverage” under the Public Health Services Act (PHSA), ERISA, and the  US Tax Code, to clarify that stop-loss insurance is not health insurance. The legislation does not...