WASHINGTON--American Council of Life Insurers (ACLI) President and CEO David Chavern made the following comment on the Insurance Data Protection Act introduced today by Rep. Scott Fitzgerald (R-WI):

“The Insurance Data Protection Act would greatly enhance safeguards for consumer data and reaffirm state regulators’ authority to oversee the insurance industry. At the same time, it allows the FIO to fulfill its role in Washington as an advisor on insurance-related matters.”

Read the press release from Rep. Fitzgerald here.

The American Council of Life Insurers is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 275 member companies represent 93 percent of industry assets in the United States.