Actuarial Notes

Exam DISC-DA Practice Question 217

Study guide: Exam DISC-DA

An insurer domiciled in State P determines that an intruder accessed a database holding names and Social Security numbers. The data cover 300 residents of State Q and 200 residents of State R, and in both states the breach has a reasonable likelihood of materially harming the affected residents. States P, Q and R have all enacted the NAIC Insurance Data Security Model Law as written. Under the model law's notification test, which commissioners must the insurer notify within 72 hours of its determination?

  • A) State P's commissioner only
  • B) State P's, State Q's and State R's commissioners
  • C) State Q's commissioner only
  • D) State P's and State Q's commissioners

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