Connecticut Administrative Code › Title 38a - Insurance Department › 8 - Organization and Rules of Practice › Article VII - REGULATIONS › Privacy of Consumer Financial Information › Section 38a-8-109 - Information to be included in privacy notices

Current through July 10, 2024
(a) The
				  initial, annual, and revised privacy notices that a licensee provides as set
				  forth in section
				  38a-8-107,
				  section
				  38a-8-108,
				  and section
				  38a-8-111
				  of the Regulations of Connecticut State Agencies shall include each of the
				  following items of information, in addition to any other information the
				  licensee wishes to provide, that apply to the licensee and to the consumers to
				  whom the licensee sends its privacy notice:
(1) The categories of nonpublic personal
				  financial information that the licensee collects;
(2) The categories of nonpublic personal
				  financial information that the licensee discloses;
(3) The categories of affiliates and
				  nonaffiliated third parties to whom the licensee discloses nonpublic personal
				  financial information, other than those parties to whom the licensee discloses
				  information as set forth in section
				  38a-8-117
				  or section
				  38a-8-118
				  of the Regulations of Connecticut State Agencies;
(4) The categories of nonpublic personal
				  financial information about the licensee's former customers that the licensee
				  discloses and the categories of affiliates and nonaffiliated third parties to
				  whom the licensee discloses nonpublic personal financial information about the
				  licensee's former customers, other than those parties to whom the licensee
				  discloses information as set forth in section
				  38a-8-117
				  or section
				  38a-8-118
				  of the Regulations of Connecticut State Agencies;
(5) If a licensee discloses nonpublic
				  personal financial information to a nonaffiliated third party as set forth in
				  section
				  38a-8-116
				  of the Regulations of Connecticut State Agencies (and no other exception in
				  section
				  38a-8-117
				  or section
				  38a-8-118
				  of the Regulations of Connecticut State Agencies applies to that disclosure), a
				  separate description of the categories of information the licensee discloses
				  and the categories of third parties with whom the licensee has
				  contracted;
(6) An explanation of
				  the consumer's right as set forth in section
				  38a-8-113
				  of the Regulations of Connecticut State Agencies to opt out of the disclosure
				  of nonpublic personal financial information to nonaffiliated third parties,
				  including the methods by which the consumer may exercise that right at that
				  time;
(7) Any disclosures that the
				  licensee makes as set forth in section 603(d)(2)(A)(iii) of the federal Fair
				  Credit Reporting Act (
				  15 USC
				  1681a(d)(2)(A)(iii) ) (that
				  is, notices regarding the ability to opt out of disclosures of information
				  among affiliates);
(8) The
				  licensee's policies and practices with respect to protecting the
				  confidentiality and security of nonpublic personal financial information;
				  and
(9) Any disclosure that the
				  licensee makes as set forth in subsection (b) of this section.