Insurance rate filings; exempts insurance rate-related information filed with SCC from inspection. (HB531)

Introduced By

Del. Sam Nixon (R-Richmond)

Progress

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

Description

Insurance rate filings; trade secrets.  Exempts insurance rate-related information filed with the State Corporation Commission from public inspection and copying if it constitutes a trade secret as defined in the Uniform Trade Secrets Act. The insurer or other person filing the information has the burden of persuading the Commissioner of Insurance that information is a trade secret. Amends § 38.2-1907 (“Filings open to inspection.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History