The bill amends New Jersey's legislation on insurance fraud, specifically P.L.1985, c.179 (C.17:23A-1 et seq.), by broadening the scope of information sharing and civil immunity related to insurance fraud. Key changes include the removal of the term "Definitions" from Section 2 and the introduction of new definitions, such as "agent," which now explicitly includes insurance producers, and "Commissioner," defined as the Commissioner of Banking and Insurance. The bill also clarifies the definitions of "insurance institution," "insurance-support organization," and "personal information," enhancing the understanding of these terms in the context of insurance transactions.

Additionally, the bill revises Section 13 to expand the conditions under which personal or privileged information can be disclosed, allowing for disclosures related to detecting or preventing fraud and clarifying that such disclosures can occur in reasonable anticipation of an insurance transaction. It specifies that disclosures to law enforcement or governmental authorities can be made if there is a belief that illegal activities have been conducted by any person, not just the individual involved. The bill also expands civil immunity provisions, protecting individuals and entities from various causes of action when disclosing information related to insurance fraud, and establishes new immunity for those providing information to the Commissioner, law enforcement, and fraud prevention organizations. Overall, these changes aim to improve information sharing and strengthen efforts to combat insurance fraud while protecting individual rights.

Statutes affected:
Introduced: 17:23A-2, 17:23A-13, 17:23A-20, 17:23A-21, 17:33A-9