Insurance Law 1709 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 1708 Information reports up ARTICLE 17 Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities next SECTION 1710 Divestiture of control; superintendent's power to order disposition of subsidiaries Viewing most recent revision (from 2023-08-25) View historical revision as of: -- Choose a Date -- 2023-08-25 2014-09-22 Share Facebook Email SECTION 1709 Confidentiality of reports and filings Insurance (ISC) CHAPTER 28, ARTICLE 17 § 1709. Confidentiality of reports and filings. The contents of each report and filing submitted pursuant to this article and information pertaining thereto shall be kept confidential, shall not be subject to subpoena or discovery, shall not be admissible in evidence in any private civil action, and shall not be made public unless, after notice and opportunity to be heard, the superintendent determines that the interests of policyholders, subscribers, stockholders or the public will be served by the publication thereof. The provisions of this section shall not be applicable to any report or filing submitted pursuant to this article and any information pertaining thereto, if the parent corporation is a corporation subject to article forty-three of this chapter. Neither the superintendent nor any person who received a report or filing submitted pursuant to this article and information pertaining thereto, through examination or otherwise, while acting under the authority of the superintendent or with whom such report or information are shared pursuant to this chapter, shall be permitted or required to testify in any private civil action concerning the report, filing, or information.