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Search 2008 Bills:

HB336: Insurance market analyses; confidentiality. 

Chief Patron

Del. Jennifer McClellan (D-71)

Jennifer McClellan (D-71)
Richmond, VA
Served: 2006–

Progress

Yes Introduced
Yes Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

03/04/2008: signed by governor

View Entire History

Summary

Insurance market analyses; confidentiality.  Establishes that (i) market analyses concerning insurance companies and obtained from the National Association of Insurance Commissioners, (ii) all market analyses generated by the State Corporation Commission, (iii) working papers, recorded information, and documents generated in the course of a market analysis or market conduct action, and (iv) documents or information received in the course of a market analysis or market conduct action from the NAIC, a law-enforcement official of any state or country, or regulatory officials of any state or country that are confidential in those jurisdictions shall receive confidential treatment by the Commission, shall not be subject to subpoena, and are not public records.  The measure also requires the Commission to consider the results of market analyses in determining the nature, scope, and frequency of insurance company examinations.  Finally, the measure provides that procedures for market conduct examinations shall be subject to provisions regarding confidentiality of ancillary information and immunity from liability.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/17/2008, 01/21/2008, 01/21/2008, 01/22/2008, 01/22/2008, 01/23/2008, 01/23/2008, 02/20/2008, 02/21/2008, 02/25/2008, 02/26/2008, 02/26/2008 and 03/06/2008.

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2 votes

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Bill Text

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