This bill amends sections of the North Dakota Century Code to enhance the confidentiality of records held by the insurance department. Specifically, it revises subsection 1 of section 26.1-02-31 to clarify that documents related to consumer assistance requests or complaints are confidential and not subject to public disclosure or legal processes, with the commissioner retaining the ability to use such information for regulatory actions. The bill also allows the commissioner to publish orders from administrative actions and provide general descriptions of the outcomes of consumer requests or complaints.
Additionally, the bill amends subsection 6 of section 26.1-03-19.4, reinforcing the confidentiality of working papers and documents produced during examinations of insurance companies. It stipulates that such materials are not subject to subpoenas and cannot be publicly disclosed, except under specific conditions. The amendment also ensures that sharing information with the national association of insurance commissioners does not waive any existing confidentiality privileges. Overall, these changes aim to strengthen the protection of sensitive information within the insurance sector.
Statutes affected: PREFILED: 26.1-02-31
Adopted by the Senate Industry and Business Committee: 26.1-02-31, 26.1-03-19.4
FIRST ENGROSSMENT: 26.1-02-31, 26.1-03-19.4
INTRODUCED: 26.1-02-31