Opening Remarks On July 26, 2018, I attended the seminar about the South Carolina Insurance Data Security Act (IDSA) in Columbia, SC at the Capital Center Conference Room. The event was hosted by the South Carolina Insurance Association and the National Association of Mutual Insurance Companies (NAMIC). Russ Dubisky, Read more…
As the roll out of the South Carolina Insurance Data Security Act (“SCIDSA”) begins to unfold, insurance companies’ are tweaking their existing information security program or building a new program from scratch to the endeavor of meeting the new security requirements. Information security programs are designed to be comprehensive Read more…
If you have been following our blog, you have realized the impact of the South Carolina Data Security Act on SC-based insurance companies. These businesses now have clearer guidelines detailing due care in protecting customer information and can face heavy repercussions for ignoring those guidelines. Although this may seem Read more…
Now is the time to audit your data security practices. Compliance is not a fast task. The deadlines are on the horizon, and for those insurance companies just beginning the South Carolina Insurance Data Security Act (SCIDSA) compliance journey, they will be lucky to finish in time; Starting July 1, Read more…
The SC Insurance Data Security Act requires insurance providers to develop and maintain a comprehensive information security program that mirrors the size and complexity of their business model and includes third-party service providers. This act refers to any business-related information controlled by the insurance providers that would have a Read more…
On May 3, 2018, Governor Henry McMaster signed into law the South Carolina Insurance Data Security Act (SCIDSA). The SC Insurance Data Security Act applies to insurance businesses licensed through the Department of Insurance. Those businesses who have 10 or more employees, agents, representatives, or independent contractors fall under the Read more…