Tenn. Comp. R. & Regs. 0780-01-72-.02

Current through October 22, 2024
Section 0780-01-72-.02 - PURPOSE AND SCOPE
(1) Purpose. These rules govern the treatment of nonpublic personal information about individuals by all licensees of the Insurance Division of the Department of Commerce and Insurance. These rules:
(a) Require a licensee to provide notice to individuals about its privacy policies and practices;
(b) Describe the conditions under which a licensee may disclose nonpublic personal information about individuals to affiliates and nonaffiliated third parties; and
(c) Provide methods for individuals to prevent a licensee from disclosing nonpublic personal information.
(2) Scope. These rules apply to nonpublic personal information about individuals who obtain or are claimants or beneficiaries of products or services primarily for personal, family or household purposes from licensees. These rules do not apply to information about companies or about individuals who obtain products or services for business, commercial or agricultural purposes.
(3) Compliance. A licensee domiciled in this state that is in compliance with these rules in a state that has not enacted laws or rules that meet the requirements of Title V of the Gramm-Leach-Bliley Act (Pub. Law No. 106-102) may nonetheless be deemed to be in compliance with Title V of the Gramm-Leach-Bliley Act in the other state.

Tenn. Comp. R. & Regs. 0780-01-72-.02

Original rule filed August 30, 2001; effective November 13, 2001.

Authority: Public Acts of 2001; Chapter 107; §1.