Here is what will be the start of many states addressing cybersecurity for insurance entities.
https://www.cyberadviserblog.com/2018/05/south-carolina-enacts-first-insurance-data-security-act/
Here is what will be the start of many states addressing cybersecurity for insurance entities.
https://www.cyberadviserblog.com/2018/05/south-carolina-enacts-first-insurance-data-security-act/
“Insurance Licensing Management: It is essential that you have a centralized system established to track the status of insurance licenses held by your company and employees. This will become even more important as your business grows and the number of licensees in your employ increases. Addressing licensing management early is important to avoid related problems in the future.”
http://www.propertycasualty360.com/2017/11/13/post-acquisition-insurance-agency-and-brokerage-co
Today is the deadline for filing your notice of exemption for NY Cybersecurity regulation 23 NYCRR 500.19(e). This applies to all agencies holding NY insurance licenses.
http://dfs.ny.gov/about/cybersecurity.htm
Not being compliant with insurance licensing can be very expensive!
Are you compliant?
Here is yet another fine for Zenefits of $26,000 for Licensing Violations.
Are you compliant?
Specialty and Surplus Lines insurance groups to merge forming Wholesale and Specialty Insurance Association.
Not complying with state insurance laws can be expensive. Oxford Health was fined $1 Million for insurance law violations including paid compensation to an unlicensed producer.
Insurance Agency Acquisitions are occurring at a frenzied rate. Improving Insurance License Management can help with the acquisition process. Contact National License Compliance Group to learn more.
https://lnkd.in/gJjt3xb Insurance Agency 2016 M&A Second-Highest Recorded insurancenewsnet.com
http://bit.ly/2iyrtem