Scott Fitzgerald (R-WI)

Insurance Data Protection Act

H.R. 3437 · House bill Finance and Financial Sector

A Republican bill with 25 Republican cosponsors · See all 25 cosponsors

Last activity — Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Insurance Data Protection Act," seeks to restrict how federal regulators collect data from insurance companies. It proposes to repeal the subpoena and enforcement authority of the Federal Insurance Office. The legislation also adds new confidentiality requirements regarding the sharing of nonpublic data among federal and state agencies. Additionally, it limits the subpoena power of the Office of Financial Research regarding insurance companies. Finally, it requires financial regulators to coordinate and attempt to obtain data from existing sources before requesting it directly from a covered insurance entity.

Yes· 3 of 4

  • Scored +5

    Does this give people more control over their personal data?

    The bill enhances data privacy and confidentiality protections for insurance companies regarding their nonpublic data.

  • Scored +5

    Does this protect people from being watched or searched?

    The bill strengthens the privacy protections of nonpublicly available data held by insurance companies.

  • Scored +4

    Would business owners be better off under this?

    Insurance companies and business owners benefit from increased data privacy and reduced regulatory burden.

The opposite

  • Scored -5

    Does this give the federal government more power?

    The bill decreases federal power by limiting the data collection and subpoena authority of federal regulators.

  • Scored -3

    Does this give people more protection from unfair business practices?

    The bill reduces regulatory oversight and limits the ability of federal agencies to gather data on insurance companies.