The Holding Company System Amendment Act of 2025 amends the District of Columbia's insurance regulations to enhance the confidentiality and security.
The Holding Company System Amendment Act of 2025 modifies the District of Columbia's insurance regulations to improve the confidentiality and security of information shared with the National Association of Insurance Commissioners (NAIC) or third-party consultants. It specifies that ownership of shared information remains with the Commissioner, and its use is directed by the Commissioner. The act also establishes procedures and protocols for sharing information with other regulators, ensuring that recipients agree to maintain confidentiality.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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