RI INS 1-27-2-29 and RI INS 1-27-2-30 on domestic/foreign insurance data security.
Bill Provisions
Amends statutory provisions regarding domestic and foreign insurers and insurer examinations to provide provisions for cybersecurity events involving RI consumers.
Bill requires insurers maintain a comprehensive written information security program, based on the insurer's risk assessment, for the protection of nonpublic information.
Legislative History
On Mar. 22, 2024, bill introduced in Senate; on Jun. 12, 2024, bill passed in Senate.
On Jun. 12, 2024, bill introduced in House; on Jun. 13, 2024, bill was passed in House.
On Jun. 21, 2024, bill delivered to governor; on Jun. 26, 2024, governor signed bill.
Effectiveness
This act, signed into law as Ch. 354 and 355, shall take effect on Jan. 1, 2025.
