SACRAMENTO, Calif. – The California Department of Insurance released today the examination findings and settlement agreement concerning the cyber security breach of health insurance giant Anthem Inc., which compromised 78.8 million consumers’ records. Anthem agreed to make a number of enhancements to its information security systems, and also agreed to provide credit protection to all consumers whose information was compromised. Anthem is paying more than $260 million dollars for security improvements and remedial actions in response to this breach. California Insurance Commissioner Dave Jones was one of seven insurance commissioners leading the national investigation of the Anthem cyber breach.
- Regulatory Settlement Agreement between Anthem, Inc. and the departments of insurance
- Multistate Target Market Conduct and Financial Examination report of Anthem Inc.
- The insurance commissioners leading the national investigation included the insurance commissioners for California, Indiana (the principal domiciliary regulator for Anthem and chair of the lead commissioners’ task force), Maine, Missouri, New Hampshire, North Dakota and South Carolina. In addition to the leading state commissioners, 40 other state and territorial insurance commissioners have now joined in the agreement as participating jurisdictions.