By: Hancock  S.B. No. 1072
         (In the Senate - Filed February 23, 2017; March 7, 2017,
  read first time and referred to Committee on Business & Commerce;
  April 10, 2017, reported favorably by the following vote:  Yeas 8,
  Nays 1; April 10, 2017, sent to printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to confidentiality of reports and related information for
  a solvency examination of an insurance carrier.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 401.058, Insurance Code, is amended by
  amending Subsection (a) and adding Subsection (c) to read as
  follows:
         (a)  Except as provided by Subsection (c), a [A] final or
  preliminary examination report and any information obtained during
  an examination are confidential and privileged for all purposes.
  This information is [are] not subject to:
               (1)  disclosure under Chapter 552, Government Code;
               (2)  a subpoena, other than a grand jury subpoena; or
               (3)  discovery or admissibility in evidence in a civil
  action.
         (c)  Subsection (a) does not limit the commissioner's
  authority to use a final or preliminary examination report and any
  information obtained during an examination in the furtherance of
  any legal or regulatory action that the commissioner, in the
  commissioner's sole discretion, considers appropriate.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2017.
 
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