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Insurance Data Protection Act

H.R. 3437 Rep. Scott Fitzgerald (R-WI-5) In committee
Bill text PDF
  1. Introduced May 15
  2. Committee May 15
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, May 15, 2025Next: House vote
531d ago 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.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 7 filings
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0trades in the last 90 days
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Companies lobbying on this bill

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Summary

Insurance Data Protection Act

Full summary4 paragraphs

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.

Library of Congress summary, May 15, 2025

Summary versions
  • Introduced in HouseMay 15, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.