Congress·In Committee·S. 1544

Insurance: Limiting Federal Data Collection

Insurance Data Protection Act

11 months ago·View on Congress.gov

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Stalled

No legislative action in over 90 days.

Legislative Progress

Senate

House

President

Law

Key Points

This bill stops federal agencies from demanding information directly from insurance companies if that data is already available from state regulators. It reinforces the idea that states, not the federal government, should be the main overseers of the insurance industry.
The proposal would strip the Federal Insurance Office of its power to use subpoenas, which are legal orders that force companies to turn over records. This would prevent federal officials from bypassing state authorities to get private company data.
Federal regulators would be required to coordinate with state agencies before starting any new data collection. They would only be allowed to ask companies for information as a last resort, and only if they follow specific rules to reduce unnecessary paperwork.
The bill also ensures that any sensitive information shared with the government stays private. It guarantees that companies do not lose their legal protections or privacy rights just because they shared data with a federal regulator.

Milestones

2 milestones2 actions

Apr 30, 2025Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Apr 30, 2025

Introduced in Senate

Related Bills

1 bill

H.R. 3437Identical bill

Insurance Data Protection Act

May 15 — 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.