Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Regulation and Compliance > State Regulation

Alliance: Most States Acting On Financial Services Privacy

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Dec. 27, 10:45 a.m. – The Alliance of American Insurers in Downers Grove, Ill., says 45 states have started implementing the privacy provisions of the Gramm-Leach Bliley Financial Services Modernization Act.

The only six states that have not adopted a financial services privacy bill or regulation are Georgia, Maine, Massachusetts, Minnesota, New Jersey and Ohio.

A privacy bill or regulation is pending in five states: Arkansas, California, Connecticut, Maryland and Nevada.

Thirty-four states and the District of Columbia have adopted regulations or laws based on a 2000 model regulation from the National Association of Insurance Commissioners, Kansas City, Mo.

The 34 states are Alabama, Arizona, Colorado, Delaware, Florida, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, New York, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wisconsin and Wyoming.

Eleven states and the District of Columbia have dropped a section that governs health information.

The 11 states that dropped the healthy privacy section are Connecticut, Delaware, Hawaii, Illinois, Indiana, Louisiana, Michigan, Missouri, Nevada and Tennessee.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.