H.R. 3437 · 119th Congress
Insurance Data Protection Act
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Not yet voted on. This bill is still a proposal: it hasn't reached a floor vote, and its text can change in committee or on the floor before any vote.
R
FitzgeraldSponsor25 cosponsors · 25 R
R
Donalds
MD
R
De La Cruz
MF
R
Flood
GG
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Grothman
AG
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Garbarino
BH
R
Huizenga
HH
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Hageman
BL
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Loudermilk
JM
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Moolenaar
DM
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Meuser
TM
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Moore
RN
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Norman
ZZ
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(Zach) Nunn
AO
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Ogles
WT
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Timmons
RW
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Williams
BG
R
Gill
AB
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Barr
ML
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Lawler
PS
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Stauber
BS
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Steil
WD
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Davidson
TD
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Downing
TN
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Nehls
TK
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Kean16 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill limits the ability of federal entities to compel insurance companies to share information.
What it does: CRS summary · Introduced in House · May 15, 2025
Insurance Data Protection Act
This bill limits the ability of federal entities to compel insurance companies to share information.
Specifically, the bill eliminates the subpoena power of the Federal Insurance Office. Under current law, the office has the power to subpoena information from insurers to, among other purposes, identify issues that could contribute to a systemic crisis in the insurance industry or the U.S. financial system.
The bill also eliminates the ability of the Office of Financial Research to subpoena insurance companies.
When seeking to collect insurance company data under specified consumer protection laws, a financial regulator must obtain the data from other regulators or from publicly available sources if possible. Otherwise, the financial regulator may only collect this data directly from the insurance company if the regulator complies with the Paperwork Reduction Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Insurance Data Protection Act
Latest action (May 15, 2025): 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.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 15, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.