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AL HB132

Bill

Status

Passed

4/13/2021

Primary Sponsor

Chip Brown

Click for details

Origin

House of Representatives

Regular Session 2021

AI Summary

HB132 Summary

  • Amends Section 27-13-3 of the Code of Alabama 1975 to specify that certain data and information filed by property and casualty insurers are confidential trade secrets.

  • Requires confidential information submitted to the Commissioner of Insurance to be held separately and distinctly from public records and not open to public inspection.

  • Prohibits the Commissioner from releasing confidential information except by court order, and requires the filing party to clearly state its confidentiality desires when submitting information under separate cover.

  • Mandates the Commissioner provide at least 10 business days' notice to the filing party before releasing confidential information pursuant to a court order.

  • Became effective immediately upon passage and approval by the Governor on or around April 13, 2021.

Legislative Description

Insurance, Commissioner of Insurance, certain data and information considered confidential that's filed by property and casualty insurers, to be held separate from public records, Sec. 27-13-3 am'd.

Insurance

Last Action

Delivered to Governor at 4:34 p.m. on April 13, 2021.

4/13/2021

Committee Referrals

Banking and Insurance3/18/2021
Insurance2/2/2021

Full Bill Text

No bill text available