N.M. Admin. Code § 13.1.3.6

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.1.3.6 - OBJECTIVE

This rule governs the treatment of nonpublic personal health information and nonpublic personal financial information about individuals by all licensees of the NMPRC Insurance Division and is intended to afford individuals greater privacy protections than those provided in the Gramm-Leach-Bliley Financial Modernization Act (GLBA), Pub. L. 106-102, 113 Stat. 1338, 1415-17 (1999) (codified at 15 U.S.C.A. Section 6716). This rule:

A. Requires a licensee to provide notice to individuals about its privacy policies and practices;

B. Describes the conditions under which a licensee may disclose nonpublic personal health information and nonpublic personal financial information about individuals to affiliates or nonaffiliated third parties without authorization from the affected individual; and

C. Provides methods for individuals to authorize a licensee to disclose nonpublic personal information to affiliates or nonaffiliated third parties.

D. The examples in this rule and the sample clauses in 13.1.3.28 NMAC are not exclusive. Compliance with an example or use of a sample clause, to the extent applicable, constitutes compliance with this rule.

N.M. Admin. Code § 13.1.3.6

13.1.3.6 NMAC - N, 2-25-02