A Republican bill with 12 Republican cosponsors · See all 12 cosponsors
Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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
- Introduced
- In Committee
What this bill would do
The Insurance Data Protection Act aims to stop the Federal Insurance Office and other financial regulators from collecting data directly from insurance companies. It removes certain subpoena and enforcement powers and limits the ability of the Office of Financial Research to issue subpoenas to insurance companies. Under this bill, financial regulators must first check if the needed information is available from other agencies or public sources before asking an insurance company. If they must collect data from a company, they must follow the Paperwork Reduction Act. The bill also includes rules to protect the confidentiality and privilege of nonpublic data.
Yes· 3 of 4
- Scored +7
Would business owners be better off under this?
Reduces the regulatory burden and direct data collection requirements for insurance company owners.
- Scored +6
Does this protect people from being watched or searched?
Enhances protections for nonpublic data and ensures legal privileges are not waived during regulatory sharing.
- Scored +5
Does this give people more control over their personal data?
The bill establishes strict confidentiality and privilege protections for nonpublic data collected from insurance companies.
The opposite
- Scored -5
Does this give the federal government more power?
The bill significantly reduces the subpoena and enforcement powers of federal financial regulators.
- Scored -3
Does this make what the government does easier for the public to see?
Limiting the ability of regulators to collect and analyze data may decrease overall transparency into the insurance sector.
- Scored -2
Does this give people more protection from unfair business practices?
Reducing the oversight and data collection power of financial regulators may limit the ability to detect systemic risks that affect consumers.
Who it would affect, and how
Potential Positive Impacts for People
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Protection of Private Information: The bill ensures that sharing nonpublic data with a financial regulator does not waive any legal privileges under Federal or State law, which helps protect sensitive information (Section 5(c)(1)).
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Maintaining Privacy Agreements: It requires that existing privacy or confidentiality agreements between the original source of data and the provider continue to apply even after the data is given to a financial regulator (Section 5(c)(2)).
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Reduced Regulatory Burden: By requiring regulators to first seek data from other agencies or public sources before contacting companies, it limits unnecessary direct data collection (Section 5(b)(1)(A)).
Potential Negative Impacts for People
- Limited Oversight Power: The bill removes subpoena and enforcement authority from the Federal Insurance Office (Section 2) and limits the Office of Financial Research from issuing subpoenas to insurance companies (Section 4), which may restrict the ability of regulators to gather information.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — Reduces the regulatory burden and direct data collection requirements for insurance company owners.
- Education And Technology
- Does this give people more control over their personal data? — The bill establishes strict confidentiality and privilege protections for nonpublic data collected from insurance companies.
- Economy And Finance
- Does this give people more protection from unfair business practices? — Reducing the oversight and data collection power of financial regulators may limit the ability to detect systemic risks that affect consumers.
- Governance And Ideology
- Does this protect people from being watched or searched? — Enhances protections for nonpublic data and ensures legal privileges are not waived during regulatory sharing. Does this leave more decisions to the states? — By limiting federal data collection, it emphasizes the role of state insurance regulators. Does this give the federal government more power? — The bill significantly reduces the subpoena and enforcement powers of federal financial regulators. Does this make what the government does easier for the public to see? — Limiting the ability of regulators to collect and analyze data may decrease overall transparency into the insurance sector.
- 6/9/2026
- 1 Cosponsor added.
- 5/13/2025
- 1 Cosponsor added.
- 4/30/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 10 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John BoozmanRepublican · Arkansas
Jim BanksRepublican · Indiana
Mike CrapoRepublican · Idaho
Kevin CramerRepublican · North Dakota
Bill HagertyRepublican · Tennessee
John KennedyRepublican · Louisiana
Cynthia LummisRepublican · Wyoming
Bernie MorenoRepublican · Ohio
Mike RoundsRepublican · South Dakota
Pete RickettsRepublican · Nebraska
Tim ScottRepublican · South Carolina
Thomas TillisRepublican · North Carolina