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 provision that allows these organizations to collect, process, sell, or disclose personal data for the purpose of detecting or preventing fraud, material misrepresentation, or material nondisclosure in connection with insurance underwriting or claims activities. This exemption is in addition to existing exemptions for protected health information, financial institutions, and other entities already outlined in the law.

The bill modifies Section 10 of P.L.2023, c.266 by deleting the phrase "or" at the end of subsection g and inserting a new subsection i, which specifically addresses the activities of insurance-support organizations. This change clarifies the scope of the exemption and reinforces the intent to facilitate the detection and prevention of fraudulent activities in the insurance sector. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 56:8-166.13