H.R. 3437

119th Congress

In Committee

Insurance Data Protection Act

Sponsored byRepublican:Rep. Fitzgerald, Scott [R-WI-5]WI· Introduced 15 mai 2025

25

Cosponsors

4

Actions

0

Amendments

2

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

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.

15 mai 2025·1 year ago

Summary

Introduced in House · Updated 13 avril 2026

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.   

Timeline

4 actions

  1. 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.

    15 mai 2025 · IntroReferral

  2. 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.

    15 mai 2025 · IntroReferral

  3. Introduced in House

    15 mai 2025 · IntroReferral

  4. Introduced in House

    15 mai 2025 · IntroReferral

Sponsorship

25 cosponsors

Cosponsors

  • Republican25100%

Classification

Policy area

Finance and Financial Sector

Committees

2

  • Agriculture Committee

    House · Standing

    • Referred To15 May 2025
  • Financial Services Committee

    House · Standing

    • Referred To15 May 2025

Cosponsor momentum

Cumulative over time

Cosponsors grew from 16 on 15 mai 2025 to 25 on 21 juillet 2026.

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