NEW ILR RESEARCH: Tort system cost America $429 billion dollars in 2016 alone. #SummitXX #legalreform

READ "Costs and Compensation of the U.S. Tort System" now to learn just how much the tort system costs bit.ly/2q9cNUw #SummitXX

Greatly enjoyed the opportunity to discuss evolving regulatory standards for #CyberSecurity including #GDPR and the #NAIC Data Security Model Act. Thanks Michael Bruemmer and @PegReetz and to @Advisen for a great event.

SCOTUS Justices Appear "Skeptical" of "Cy Pres" Settlements bit.ly/2ANTd6m

To begin the day, Paul Tetrault of NAMIC explores the use of Big Data in insurance, providing updates on regulators activities regarding the use of Big Data.

Thanks to Pennsylvania Association of Mutual Insurance Compa for opportunity to discuss #BigData and #Innovation at PAMIC Underwriting and Loss Prevention Workshop. For a summary of #NAIC activities on Big Data regulation see recent article in The Institutes CPCU Society Insights at tinyurl.com/yang23p4

Three more states legalized #marijuana use in some form during last week's midterm elections. Legalization has many #insurance implications. Check out our most recent issue analysis. ow.ly/VIhY50jGody

We are at #NAICSF and we have @LoveGhirardelli Chocolate! Thanks to Golden Gate Chapter of The Institutes CPCU Society for joining us in welcoming #NAIC attendees.

Over 100 people registered for our webinar on the Washington COA decision holding adjusters may be sued personally for bad faith. It's a webinar, so we have room for more. Register today. If you cannot join us live, you can watch it later. #CPCU18 cpcusociety.org/cpcu_event/AB1…

And if you thought the Climate Change panel was packed, hoo boy, just you wait for the inaugural meeting of the Cannabis Insurance Working Group. San Francisco knows what it’s interested in! #NAICSF

First in-person meeting of #NAIC #Cannabis Working Group is about to start at #NAICSF. Packed room suggests interest level is high.

The #NAIC now has an online tool identify each state insurance department's contact for #innovation and #insurtech. naic.org/index_innovati…

‘Restatement’ is still a miss at.law.com/LUfFTS?cmp=sha… via PropertyCasualty360

NCOIL P&C Cmte, Chaired by IN Rep. @MJLehman23, NCOIL Treasurer discuss risks associated with insurance issues related to “last mile” scooter with Lime and @PaulMNAMIC #NCOIL2018

Erin Collins testified before NCOIL about the ALI's misguided Restatement on Insurance. It would unilaterally change policy language and liability. We have been leading a charge to negate those serious problems by state law and regulation.

“Calif. Privacy Act Will Increase Data Breach Liability” bit.ly/2EaF4Ci

I'll be signing off on this Twitter account this month. You can follow me at x.com/PaulTTetrault Go #Nova #RedSox #Pats #Bruins and #Celtics . Looking forward to discussing all things #riskmanagement and #insurance.