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House Bill 2437 |
House Author: Phillips |
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Effective: 5-26-17 |
Senate Sponsor: Hancock |
House Bill 2437 amends the Insurance Code to establish that a final or preliminary examination report and any information obtained during an examination of an insurance carrier are privileged for all purposes and are not subject to a subpoena, other than a grand jury subpoena, or discovery or admissibility in evidence in a civil action. The bill specifies that the confidential and privileged status of such reports and information does not limit the authority of the commissioner of insurance to use such reports and information in the furtherance of any legal or regulatory action relating to the administration of the Insurance Code that the commissioner considers appropriate.