Sec. 401.058. CONFIDENTIALITY OF REPORTS AND RELATED INFORMATION. (a) A final or preliminary examination report and any information obtained during an examination are confidential and privileged for all purposes. This information is not subject to:
(1) disclosure under Chapter 552, Government Code;
(2) a subpoena, other than a grand jury subpoena; or
(3) discovery or admissibility in evidence in a civil action.
(b) Subsection (a) applies if the examined carrier is under supervision or conservatorship. Subsection (a) does not apply to an examination conducted in connection with a liquidation or receivership under this code or another insurance law of this state.
(c) Subsection (a) does not limit the commissioner's authority to use a final or preliminary examination report and any information obtained during an examination in the furtherance of any legal or regulatory action relating to the administration of this code that the commissioner, in the commissioner's sole discretion, considers appropriate.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 164 (H.B. 2437), Sec. 1, eff. May 26, 2017.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle A - General Provisions
Chapter 401 - Audits and Examinations
Subchapter B. Examination of Carriers
Section 401.051. Duty to Examine Carriers
Section 401.052. Frequency of Examination
Section 401.053. Examination Period
Section 401.054. Powers Related to Examination
Section 401.055. Effect of Subchapter on Authority to Use Information
Section 401.056. Rules Related to Reports and Hearings
Section 401.057. Use of Audit and Work Papers
Section 401.058. Confidentiality of Reports and Related Information
Section 401.059. Determination of Value
Section 401.060. Right to Information Relating to Determination of Value or Market Value
Section 401.061. Disciplinary Action for Failure to Comply With Subchapter