Continuing
Education Privacy
Seminars for Insurance Producers
The
California Department of Insurance (CDI) has announced that during the summer/fall of 2002 they will begin enforcing the federal
Gramm-Leach-Bliley Financial Services Modernization Act (GLBA) as well
as the Insurance Information and Privacy Protection Act (IIPPA),
contained in California law in Insurance Code,
sections 791, et seq.
In order
to assist the producer community to come into compliance with these
federal and state mandates in a timely fashion, igapp.com has been working
closely with key members of the Legislature and Regulators at CDI on
financial privacy for well over a year. Since early 2002, CDI has been publicly circulating the draft
regulations to harmonize these two separate bodies of statutory law.
When the
draft is complete and approved by the Office of Administrative Law,
igapp.com, in conjunction with the California Association of Health
Underwriters, will conduct a series of CDI approved Continuing Education
seminars across California. This
complex material will be distilled and presented to agents, along with
required forms, and procedures so that producers will be able to be in compliance with the law
in a timely manner.
Seminar date,
time and locations will be posted here soon. In addition, igapp.com will
be available for compliance consulting
