REGULATION 169  - Return to  bulleted List

PRIVACY OF CONSUMER FINANCIAL AND HEALTH INFORMATION -INSURANCE DEPARTMENT OF THE STATE OF NEW YORK (11 NYCRR 420)

I, NEIL D. LEVIN, Superintendent of Insurance of the State of New York, pursuant to

the authority granted by Sections 201, 301, 1505, 1608, 1712, and 3217, and Article 24 of the Insurance Law, and in accordance with the provisions of 12 U.S.C. 1831x, 15 U.S.C. 6801(b), 6802, 6803, 6805(b), 6805(c) and 6807 and 15 U.S.C. Chapter 94, do hereby promulgate a new Part 420 of Title 11 of the Official Compilation of Codes, Rules and Regulations of the State of New York (Regulation No. 169). A new Chapter XIX, entitled "Privacy of Consumer Financial and Health Information", is added, and Part 420 is added as a part thereof, all the above to take effect upon filing with the Secretary of State. Part 420 shall read as follows:

Section 420.0 Preamble.

(a) Title V of the Gramm-Leach-Bliley Act ("GLBA") (15 U.S.C. 6801, et. seq.) requires financial institutions, including insurers, to protect the privacy of consumers and customers.

Title V of GLBA requires that state insurance authorities establish appropriate consumer privacy standards for insurance providers.

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