California Consumer Privacy Act Timeline

California Consumer Privacy Act Timeline

March 28, 2019 Business Insurance and Risk Management, The Beacon Blog 0 Comments

Effective January 1, 2020 the California Consumer Privacy Act goes into effect. This law imposes new privacy obligations on companies that collect and process personal information of California residents. If your company does business in California, your attorney should research the law and determine if it applies to you. If it does, be aware of timelines for actions you need to be in compliance:

May 31, 2019: Review what type of personal information your business collects, how it is processed, to whom it is transmitted or made accessible, and where it is stored. Create a data map.

July 31, 2019: Draft policies and procedures to document how you intend to comply with the CCPA.

August 31, 2109: Draft disclosure notices of consumers’ rights and how, and for what purpose, you collect personal information.

November 30, 2019: Review and amend contracts with third party service providers to be sure they will comply with CCPA requirements.

December 31, 2019: Draft forms for consumers to use in exercising their rights, and response letters.

The time to start work on compliance is now. January 1, 2020 will be here before you know it.

About the Author

Harry Cylinder

Harry Cylinder, CPCU, ARM has spent nearly fifty years in the insurance industry, the majority of the time as a consultant. He has been employed by The Beacon Group of Companies since 2008, specializing in the review and analysis of property and casualty coverage forms. Mr. Cylinder has been reviewing policy forms as they have evolved over the past decades. In 2008 he published an article in the CPCU Journal which was the first description of cyber insurance coverage for a general insurance audience. Since that time he has regularly written on cyber and other topics for The Beacon Companies’ blog.