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HI SB826
Bill
Status
3/5/2019
Primary Sponsor
Rosalyn Baker
Click for details
AI Summary
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Allows insurers to provide privacy notices to customers at least once every three years instead of annually, under specified conditions.
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Exemption applies only when the insurer has provided nonpublic personal financial information to nonaffiliated third parties under sections 431:3A-401, 431:3A-402, or 431:3A-403.
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Exemption requires that the insurer has not changed its policies and practices relating to disclosure of nonpublic personal information since the most recent notice.
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Amends Hawaii Revised Statutes Section 431:3A-202 to establish the three-year notice option while maintaining existing requirements for former customers.
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Takes effect July 1, 2050.
Legislative Description
Relating To Privacy Notice For Insurance.
Insurance
Last Action
Referred to CPC/JUD, referral sheet 27
3/7/2019