§ 27-15-7-2 — Purpose; effect of confidentiality

Indiana § 27-15-7-2

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 15: DEMUTUALIZATION OF MUTUAL INSURANCE
• Ch. 7: Confidential Records

Text

Filings, information, and documents made with
or provided to the commissioner under this article may include
information that might be damaging to a converting mutual or its
affiliates if made available to competitors. Subject to section 3 of this
chapter, all documents containing trade secrets of a converting mutual
or its affiliates and marked "confidential" by the converting mutual:
(1) are declared confidential for purposes of IC 5-14-3-4;
(2) are not subject to inspection and copying by the public under
IC 5-14-3-3;
(3) may be disclosed by the commissioner to the department of
insurance of another state if that department of insurance agrees
to keep the information confidential; and
(4) may not be disclosed by the commissioner to any person other
than a department of insurance under subdivision (3) without the
written consent of the converting mutual.

Legislative History

As added by P.L.94-1999, SEC.3.