Michigan Compiled Laws
218-1956-46 - Chapter 46 Captive Insurance Companies (500.4601...500.4673)
Section 500.4609 - Confidentiality Requirements.

Sec. 4609.
(1) Information and testimony submitted or furnished to the office pursuant to this chapter, examination reports, preliminary examination reports or results, and the office's work papers, correspondence, memoranda, reports, records, and other written or oral information related to an examination report or an investigation shall be confidential, shall be withheld from public inspection, shall not be subject to subpoena, and shall not be divulged to any person, except as provided in this section or with the written consent of the company. If assurances are provided that the information will be kept confidential, the commissioner may disclose confidential work papers, correspondence, memoranda, reports, records, or other information as follows:
(a) To the governor or the attorney general.
(b) To any relevant regulatory agency, including regulatory agencies of other states or the federal government.
(c) In connection with an enforcement action brought pursuant to this or another applicable act.
(d) To law enforcement officials.
(e) To persons authorized by the Ingham county circuit court to receive the information.
(f) To persons entitled to receive such information in order to discharge duties specifically provided for in this act.
(2) The confidentiality requirements of subsection (1) do not apply in any proceeding or action brought against or by the captive insurer under this act or any other applicable act of this state, any other state, or the United States.
History: Add. 2008, Act 29, Imd. Eff. Mar. 13, 2008 Popular Name: Act 218

Structure Michigan Compiled Laws