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Cyberinsurance

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In the United States, a significant legislative trend is on the horizon for insurers in 2020: a new breed of state privacy and cybersecurity laws. In the absence of federal intervention, a growing number of state legislatures are enacting laws and regulations modeling California’s Consumer Privacy Act for all businesses, and, in parallel, prescribing privacy and cybersecurity requirements directed at insurers. To help insurers stay ahead of the curve, we summarize below several cybersecurity measures…