Michigan Compiled Laws
218-1956-5A - Chapter 5a Data Security (500.550...500.565)
Section 500.550 - Private Cause of Action Not Created; Exclusive Standards.

Sec. 550.
This chapter does not create or imply a private cause of action for violation of its provisions and does not curtail a private cause of action that would otherwise exist in the absence of this chapter. Notwithstanding any other provision of law, this chapter establishes the exclusive standards, for this state, applicable to licensees for data security, the investigation of a cybersecurity event, and notification to the director.
History: Add. 2018, Act 690, Eff. Jan. 20, 2021 Popular Name: Act 218

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-5A - Chapter 5a Data Security (500.550...500.565)

Section 500.550 - Private Cause of Action Not Created; Exclusive Standards.

Section 500.553 - Definitions.

Section 500.555 - Comprehensive Written Information Security Program; Requirements; Duties of Licensee and Board of Directors; Third-Party Service Provider; Incident Response Plan; Certification of Compliance.

Section 500.557 - Occurrence of Cybersecurity Event; Investigation; Maintenance of Records.

Section 500.559 - Notification of Cybersecurity Event Involving Nonpublic Information; Duty to Update and Supplement Notifications to Director; Contents; Application to Third-Party Service Provider; Duties of Ceding Insurers With Direct Contractual R...

Section 500.561 - Notice of Cybersecurity Event to Residents of This State; Conditions and Requirements; Duties of Licensee; Substitute Notice; Notification to Certain Consumer Reporting Agencies; Exception; Compliance With Health Insurance Portabili...

Section 500.563 - Confidentiality; Use of Documents, Materials, or Other Information; Duties of Director.

Section 500.565 - Exemption for Certain Licensees; Timeline for Implementation and Compliance.