Maine § 24-A §2202 Purpose

Maine Statutes

§ 24-A §2202 — Purpose

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 24 INSURANCE INFORMATION AND PRIVACY PROTECTION ACT

The purpose of this chapter is to establish standards for the collection, use and disclosure of information gathered in connection with insurance transactions; to maintain a balance between insurance carriers' need for information and the public's need for fair information practices that respect privacy; to establish a regulatory mechanism to enable insurance consumers to ascertain what information is being collected about them and to verify its accuracy; to limit the distribution of information collected in connection with insurance transactions; and to enable consumers to obtain the reasons for adverse underwriting decisions.

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The purpose of this chapter is to establish standards for the collection, use and disclosure of information gathered in connection with insurance transactions; to maintain a balance between insurance carriers' need for information and the public's need for fair information practices that respect privacy; to establish a regulatory mechanism to enable insurance consumers to ascertain what information is being collected about them and to verify its accuracy; to limit the distribution of information collected in connection with insurance transactions; and to enable consumers to obtain the reasons for adverse underwriting decisions.

Maine § 24-A §2202 (Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.