Sec. 441.201. CONFIDENTIALITY. (a) Hearings and orders, notices, correspondence, reports, records, and other information in the department's possession relating to the supervision or conservatorship of an insurer are confidential during the supervision or conservatorship. On termination of the supervision or conservatorship, the information in the department's custody that relates to the supervision or conservatorship is public information.
(b) This section does not prohibit access by the department to hearings or orders, notices, correspondence, reports, records, or other information.
(c) The provisions of Chapter 2001, Government Code, relating to discovery apply to the parties of record in a proceeding under this chapter.
(d) The commissioner may open a proceeding under this chapter or disclose information that is confidential under this section to a department, agency, or instrumentality of this state, another state, or the United States if the commissioner determines that opening the proceeding or disclosing the information is necessary or proper to enforce the laws of this state, another state, or the United States.
(e) An officer or employee of the department is not liable for a release of information that is confidential under this section unless it is shown that the release was accomplished with actual malice.
(f) This section does not apply to information:
(1) if the insurer's insureds are not protected by Chapter 462, 463, or 2602, or substantially similar statutes; or
(2) on the appointment by a court of a receiver for the insurer.
(g) Notwithstanding Subsection (a), if the commissioner places a title insurance agent licensed under Title 11 or an insurance agent licensed under Title 13 under supervision or in conservatorship, the commissioner shall provide written notice of the order of supervision or conservatorship to each insurer for which the agent holds an appointment under Subchapter A, Chapter 2651, or Subchapter E, Chapter 4001, or other applicable law, on the date the supervisor or conservator is appointed.
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. 482 (H.B. 2542), Sec. 1, eff. September 1, 2017.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle C - Delinquent Insurers
Chapter 441 - Supervision and Conservatorship
Subchapter E. Provisions Applying to Supervision and Conservatorship
Section 441.201. Confidentiality
Section 441.202. Costs of Supervision and Conservatorship
Section 441.203. Collection of Fees From Rehabilitated Insurer
Section 441.204. Review and Stay of Certain Acts of Supervisor or Conservator
Section 441.205. Appeal of Certain Orders
Section 441.206. Ex Parte Meeting With Commissioner
Section 441.207. Insurer Employees During Supervision or Conservatorship