INSURANCE COMMISSIONER: Provides for confidential information relative to public inspection

HB 248 revises the rules for public access to insurance rates and supporting information filed with the Insurance Commissioner. While most of this information will be publicly available, insurers can mark certain data as confidential, trade secret, or proprietary. The Commissioner will decide if such marked information should be disclosed; however, if a request is made for marked information, the Commissioner must notify the insurer of their decision. Insurers then have ten days to request a hearing to challenge the Commissioner's determination, which temporarily stops the disclosure process. This ensures a review process for information designated as sensitive by insurers.