Restricts insurers from demanding intrusive personal, financial, and tax information from insureds in ordinary theft claims.
The bill amends the insurance law to restrict insurers from demanding intrusive personal, financial, and tax information from insureds as a standard practice in processing ordinary theft claims. Such information includes tax returns, permits, loan applications, voter registration details, and bank statements. This restriction applies unless special circumstances directly related to the theft warrant such demands. The act aims to protect insureds' privacy and prevent unwarranted invasions during standard theft claim investigations.
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- Core Provisions
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- Legal Framework
- Critical Issues
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