HR3437119th CongressWALLET

Insurance Data Protection Act

Sponsored By: Representative Fitzgerald

Introduced

Summary

Limits federal regulators' direct data collection from insurance companies. This bill would repeal certain subpoena powers, exclude insurers from some Office of Financial Research subpoenas, and set rules for when and how federal and state regulators can collect and share insurer data.

Show full summary
  • Insurance companies: It would make it harder for the Federal Insurance Office and other federal regulators to subpoena data directly and preserves privilege and confidentiality for information insurers submit.
  • State insurance regulators: Agencies would be required to check with state regulators first and use state-held data when available, giving states the primary role in supplying insurer information.
  • Federal regulators and the Office of Financial Research: The bill removes or narrows subpoena authority under the cited statutes and adds a coordination and confidentiality framework, including Paperwork Reduction Act guidance and FOIA treatment for submitted data.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Limits on agency subpoenas for insurers

The bill would remove the paragraph that gave the Federal Insurance Office subpoena power. It would also exclude insurers from the Office of Financial Research's subpoena authority in that subsection. If enacted, regulators would lose those specific tools to compel data directly from insurers. Effective upon enactment.

New rules for insurer data sharing

The bill would require regulators to check federal, state, and public sources before asking insurers for data. If another agency can provide timely data, regulators must get it there first. If data aren't available, regulators could collect from insurers only after following the Paperwork Reduction Act. The bill would preserve legal privileges and written confidentiality agreements for nonpublic insurer data, but data submitted to regulators would be subject to FOIA with its exemptions. Effective upon enactment.

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Sponsors & CoSponsors

Sponsor

Fitzgerald

WI • R

Cosponsors

  • Flood

    NE • R

    Sponsored 5/15/2025

  • Meuser

    PA • R

    Sponsored 5/15/2025

  • De La Cruz

    TX • R

    Sponsored 5/15/2025

  • Timmons

    SC • R

    Sponsored 5/15/2025

  • Garbarino

    NY • R

    Sponsored 5/15/2025

  • Ogles

    TN • R

    Sponsored 5/15/2025

  • Moore (NC)

    NC • R

    Sponsored 5/15/2025

  • Donalds

    FL • R

    Sponsored 5/15/2025

  • Huizenga

    MI • R

    Sponsored 5/15/2025

  • Williams (TX)

    TX • R

    Sponsored 5/15/2025

  • Norman

    SC • R

    Sponsored 5/15/2025

  • Nunn (IA)

    IA • R

    Sponsored 5/15/2025

  • Loudermilk

    GA • R

    Sponsored 5/15/2025

  • Grothman

    WI • R

    Sponsored 5/15/2025

  • Hageman

    WY • R

    Sponsored 5/15/2025

  • Moolenaar

    MI • R

    Sponsored 5/15/2025

  • Gill (TX)

    TX • R

    Sponsored 5/20/2025

  • Lawler

    NY • R

    Sponsored 6/4/2025

  • Barr

    KY • R

    Sponsored 6/4/2025

  • Stauber

    MN • R

    Sponsored 6/12/2025

  • Steil

    WI • R

    Sponsored 7/2/2025

  • Davidson

    OH • R

    Sponsored 8/1/2025

  • Downing

    MT • R

    Sponsored 1/12/2026

Roll Call Votes

No roll call votes available for this bill.

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