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Posted on April 8, 2024

The Illinois Department of Insurance (Department) has enacted Company Bulletin 2024-10, which informs insurers of new data security requirements pursuant to enactment of the Illinois Insurance Data Security Law. This bulletin was issued March 22, 2024, and the data security requirements took effect January 1, 2024. The first annual certification of compliance is due on April 15, 2025, and companies seeking an exemption must submit the request by April 15, 2024, and annually thereafter.