Insurance Data Protection Act

This proposal would stop federal financial regulators, including the Federal Insurance Office, from asking insurance companies directly for their data. It focuses on how data from insurance companies is handled by financial regulators, and aims to block direct data collection from those companies .

• It says financial regulators should not collect information straight from an insurance company. The goal is to limit federal access to insurer data gathered directly from the source .

Key points:

• Who is affected: Insurance companies and federal financial regulators, including the Federal Insurance Office .
• What changes: Regulators would be barred from collecting data directly from insurance companies .
• When: The documents provided do not state an effective date .