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SC Insurance Data Security Act: Are You Ready?

Leslie Whitten

The South Carolina Insurance Data Security Act went into effect on January 1.  Most insurance carriers and TPAs licensed in South Carolina (“licensees”) must be ready now to comply with a breach response plan.

On July 1, 2019, all “licensees” are required to have a completed risk assessment and a written information security plan.  The requirements are extensive.

Penalties for non-compliance can include revoking the carrier’s license to insure in South Carolina, so please make sure you are ready.  To read more about this statute, read our article here.