DALLAS - State insurance regulators moved a step closer Tuesday to approving a proposed model for protecting consumers' confidential financial and medical data.

A 22-member panel of the National Association of Insurance Commissioners approved a plan at the group's fall meeting here that state lawmakers or regulators could adopt to comply with the Gramm-Leach-Bliley Act of 1999. The association's board is expected to affirm the plan Sept. 26 during a teleconference call.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.