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As a summer deadline looms, insurance lawyers are finding themselves with an interesting dilemma on their hands. They have to bring clients into compliance with rules that do not yet exist. The nonexistent rules are consumer financial privacy legislation and regulations governing the insurance industry, which states must adopt by July 1 if they want to avoid the Gramm-Leach-Bliley Act's default privacy standard.
April 13, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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