This bill amends existing New Jersey law to exempt insurance-support organizations from certain notification and disclosure requirements regarding personal data collection. Specifically, it adds a new exemption for personal data collected, processed, sold, or disclosed by these organizations for the purpose of detecting or preventing fraud, material misrepresentation, or material nondisclosure in relation to insurance underwriting or claims activities. This new provision is inserted as item (i) in Section 10 of P.L.2023, c.266, alongside existing exemptions for protected health information, financial institutions, and other entities.
The bill also removes the conjunction "or" from the list of exemptions, which may indicate a restructuring of the language for clarity or legal precision. Overall, the legislation aims to streamline the regulatory framework for insurance-support organizations while maintaining protections for consumer data in other contexts. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 56:8-166.13