23. Must Know for Cyber Security – Threats, Regulations & Best Practices (*) – All
Alexander Koskey, Baker Donelson
Cyber-attacks have dominated the headlines this year. As these attacks have become more frequent, sophisticated, and costly, they have also become more harmful than ever due to the increased propensity of cybercriminals to steal the sensitive information of your company or your insured. This presentation will provide an overview of the current cyber threat environment, including a discussion on the recent proliferation of ransomware, and best practices to help you and your insureds mitigate the risk and impact of these threats. We will also provide a summary of the current regulatory environment affecting insurance providers, including new privacy laws in California, Virginia, and Colorado, federal legislative proposals, and actions by the NYDFS. We’ll highlight the commonality and divergence between these regulations and provide practical tips insurance companies can take now to prepare in this fluid environment.
24. Flood Insurance 2.0 – P&C
Paul Huang, Federal Emergency Management Agency (FEMA)
Floods can happen anywhere — just one inch of floodwater can result in significant monetary damage. Thus, it’s essential to understand the cause of flooding and how to mitigate this hazard, as well as protecting your most important assets. In the Flood 2.0 session, you’ll hear about the challenges posed by climate change, such as more intense storms, frequent heavy precipitation, extreme flooding and higher sea levels, which could significantly alter the types and magnitudes of flooding faced by communities. You’ll also learn more about the FEMA Flood Mitigation Program, which helps fund projects that reduce or eliminate the risk of repetitive flood damage. Finally, this session will provide an overview of FEMA’s management and administration of the National Flood Insurance Program (NFIP) and their partnership between the federal government, the property and casualty insurance industry, states, local officials, lending institution, and property owners.
25. Regulator Hot Topics – P&C
George Bradner, State of Connecticut Insurance Department
Andy Case, Mississippi Insurance Department
Sandra Starnes, Florida Office of Insurance Regulation
Mark Worman, Texas Department of Insurance
What’s HOT in the P&C world? Hear from these Regulator Partners about what’s hot in their states and around the country.
26. Look, Listen & Give Us a Smile – H
Tom Carswell, Georgia Department of Insurance
Dental, vision & hearing products can stand on their own, but frequently are also combined to provide for services that supplement medical coverage. Our panel will discuss the challenges these products face as standalone entities as well as combined products.
27. Staying off the Radar – L/A/H
Jen Crutchfield, Clearcover
Anita Dulmes, First Consulting and Administration
Advertising compliance is emerging as an area of focus for regulators. Ensuring a high level of compliance for your company will help to avoid potential fines and an increased chance of market conducts exams. Our panel will provide you with a deeper understanding of those areas of advertising compliance that will help to keep you off a regulators radar including monitoring your producers.