No. 42035 (5-year Review): Rule R590-216. Standards for Safeguarding Customer Information

DAR File No.: 42035
Filed: 08/18/2017 04:51:02 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsections 31A-2-202(1), 31A-2-201(2), and 31A-2-201(3)(a) authorize the Insurance Commissioner to administer, enforce, and make administrative rules to implement the provisions of the Insurance Code, Title 31A. Title V, Section 505 (15 U.S.C. 6805) authorizes the Commissioner to enforce Subtitle A of Title V of the Gramm-Leach-Bliley Act of 1999 (15 U.S.C. 6801 through 6820). Title V, Section 505 (15 U.S.C. 6805(b)(2)) authorizes the Commissioner to issue rules to implement the requirements of Title V, Section 501(b) of the federal act. Subsection 31A-23a-417(3) authorizes the Commissioner to adopt rules implementing the requirements of Title V, Section 501(b) of the federal act.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The Department of Insurance has received no written comments regarding this rule during the past five years.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule implements the requirements of federal law regarding the disclosure of nonpublic personal information. It establishes standards applicable to department licensees to assist them in developing and implementing administrative, technical, and physical safeguards to protect the security, confidentiality, and integrity of customer information. As long as the federal law regarding the privacy of non-public personal information is in force, and as long as the insurance industry continues to collect this type of information regarding their customers, this rule will be necessary. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Steve Gooch at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [e-mail]

Effective:

08/18/2017

Authorized by:

Steve Gooch, Information Specialist

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