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Committee advances Insurance Data Security Act after industry and regulator back the bill
Summary
The House Business Committee voted to send House Bill 117 to the floor after testimony from insurers, trade groups and the Idaho Department of Insurance that the bill would require insurers to report breaches and set baseline security expectations while exempting very small firms.
House Bill 117, the Insurance Data Security Act, advanced from the House Business Committee on March 11 after supporters from the insurance industry and the Idaho Department of Insurance said the measure will create statewide reporting and minimum safeguards for nonpublic consumer data.
Representative Jordan Redmond, R‑Kootenai County, told the committee the bill would “establish essential common sense industry standards for reporting data breaches and standards for protection [of] personal information.” He said the measure exempts companies with fewer than 50 employees and was drafted with input from the Department of Insurance and the insurance industry.
The bill’s backers — including United Heritage Life Insurance Company, the Idaho Counties Risk Management Program, the Idaho Association of Health Plans, the American Property Casualty…
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