Missouri HB3314 allows the Department of Commerce and Insurance (DCI) to share confidential information with guaranty associations on insolvency.
Missouri HB3314 permits the DCI to share confidential and privileged documents, materials, or information with the Missouri property and casualty insurance guaranty association or the Missouri life and health insurance guaranty association regarding any member insurer. The bill amends the composition of board members and suspends the plan of operation for an association if medical malpractice insurance is available in the voluntary market. The bill also includes provisions for handling claims, assessing member insurers, and maintaining confidentiality of certain information.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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