Cozen O’Connor: Privacy Concerns [2019 Best's Review]

Privacy Concerns [2019 Best's Review]

Stephanie Lemoine authored "Privacy Concerns" in the March edition of Best's Review. This article discusses the age of insurtech and why consumers must be aware of what information insurers are sharing with third parties. She also expands on the Consumer Privacy Act of 2018, which is the most broad-sweeping legislation regarding personal identifying information. The value of consumer data is now considered an asset that can be used as collateral for financing or sold as part of bankruptcy proceedings, which is why states across the country have begun enacting laws. The Consumer Privacy Act of 2018 requires businesses to disclose, upon request of the consumer, information regarding the specific pieces of personal information collected, the sources of that information, the business purposes for collecting or selling the information and the categories of third parties with which the business shares the consumer's personal information. Check out the full article, here.

 


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Stephanie Villagomez Lemoine

Counsel

slemoine@cozen.com

(832) 214-3969


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