119th Congress
H.R. 3437
Insurance Data Protection Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Scott Fitzgerald(R-WI)
- Introduced
- May 15, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Agriculture; House Committee on Financial Services
- Official text
- Introduced in House · Congress.gov page
Cosponsors (25)
Original cosponsors (16)
- Andrew Ogles (R-TN)
- Andrew R. Garbarino (R-NY)
- Barry Loudermilk (R-GA)
- Bill Huizenga (R-MI)
- Byron Donalds (R-FL)
- Daniel Meuser (R-PA)
- Glenn Grothman (R-WI)
- Harriet M. Hageman (R-WY)
- John R. Moolenaar (R-MI)
- Mike Flood (R-NE)
- Monica De La Cruz (R-TX)
- Ralph Norman (R-SC)
- Roger Williams (R-TX)
- Tim Moore (R-NC)
- William R. Timmons IV (R-SC)
- Zachary Nunn (R-IA)
Added later (9)
- Brandon Gill (R-TX) · May 20, 2025
- Andy Barr (R-KY) · Jun 4, 2025
- Michael Lawler (R-NY) · Jun 4, 2025
- Pete Stauber (R-MN) · Jun 12, 2025
- Bryan Steil (R-WI) · Jul 2, 2025
- Warren Davidson (R-OH) · Aug 1, 2025
- Troy Downing (R-MT) · Jan 12, 2026
- Troy E. Nehls (R-TX) · Apr 23, 2026
- Thomas H. Kean, Jr. (R-NJ) · Jul 21, 2026
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Insurance Data Protection Act
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.
Roll-call votes
No recorded votes on this bill.
Actions
- May 15, 2025 · House
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. - May 15, 2025
Introduced in House