Privacy watchers are offering initial reaction to the latest draft of a privacy regulation being developed by the California insurance department.
The draft, released on May 23, seeks to establish a guideline for consumer privacy to meet requirements in the Gramm-Leach-Bliley Act of 1999.
Tena Friery, research director with the Privacy Rights Clearinghouse, San Diego, says the draft regulation should offer protections that are consistent with Gramm-Leach-Bliley.
Consistency is also a high priority for the American Council of Life Insurers, Washington, according to John Mangan, director of state relations. A chief concern, he says, is uniformity among states. “We are very much concerned that there not be separate state notices.”
Sam Sorich, senior vice president and general counsel with the National Association of Independent Insurers in Des Plaines, Ill., says the latest draft consists of revisions that are both good and bad.