Garsson comments on regulatory developments and legislation impacting the insurance industry in 2018
Fred Garsson, co-Chair of the Firm’s Insurance Practice, is quoted in this article about legislative and regulatory developments impacting the insurance industry. Fred comments on new cybersecurity requirements similar to the ones enacted by New York’s Department of Financial Services, noting, “licensees can tailor their data security programs to fit their business size and model. The model law also has an exception for licensees that are covered by the program of another licensee. For instance, if an individual agent’s employer has a cybersecurity program in place, the agent doesn’t have to develop its own.”
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