Data Compliance

FTC Acts Against Mobilewalla, Gravy Analytics for Data Privacy Violations
Regulatory & Compliance FTC Acts Against Mobilewalla, Gravy Analytics for Data Privacy Violations

The Federal Trade Commission (FTC) has recently taken significant actions against data brokers Mobilewalla and Gravy Analytics for unlawfully tracking and selling consumer data without their consent. These actions underscore the FTC's commitment to protecting consumer privacy and preventing

December 9, 2024
IBCCC Report Urges Brokers to Enhance Compliance and Transparency
Regulatory & Compliance IBCCC Report Urges Brokers to Enhance Compliance and Transparency

The Insurance Brokers Code Compliance Committee (IBCCC) has published its Annual Report for 2023-24, highlighting critical areas where the Australian insurance broking industry needs to improve. The report underscores concerns about transparency, breach reporting, remuneration disclosure, and

December 2, 2024
Insurance Brokers Under Scrutiny: Spike in Disclosure and Renewal Failures
Regulatory & Compliance Insurance Brokers Under Scrutiny: Spike in Disclosure and Renewal Failures

The recently released report by the Insurance Brokers Code Compliance Committee (IBCCC) has shed light on critical deficiencies in the disclosure and communication practices among insurance brokers, highlighting a pressing need for improvements in these areas. The report identified a worrying

September 27, 2024
TIAA Faces Class Action Lawsuit Over 2023 Data Breach and PII Exposure
Insurance TIAA Faces Class Action Lawsuit Over 2023 Data Breach and PII Exposure

In a significant legal confrontation, the Teachers Insurance and Annuity Association of America (TIAA) and its subsidiary, TIAA-CREF Life Insurance Company, are currently embroiled in a class action lawsuit. Plaintiff Sara Spohnheimer has filed the case in the U.S. District Court for the Southern

September 27, 2024
How Will Howden’s Partnership with FullCircl Shape Their Future?
Regulatory & Compliance How Will Howden’s Partnership with FullCircl Shape Their Future?

Howden, a leading UK insurance intermediary, recently announced a strategic alliance with FullCircl, a B2B software-as-a-service (SaaS) company. This multi-year partnership aims to integrate FullCircl’s SmartBroker solution into the Acturis platform extensively used by Howden. This integration is e

September 19, 2024
How Can Howden and FullCircl's Partnership Revolutionize Efficiency?
Regulatory & Compliance How Can Howden and FullCircl's Partnership Revolutionize Efficiency?

The recent strategic partnership between Howden, a renowned UK insurance intermediary, and FullCircl, a B2B SaaS company, has set the stage for transformative changes in operational efficiencies and compliance cost reduction. By leveraging FullCircl’s SmartBroker solution integrated with the A

August 28, 2024
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