SB 697
Expands the civil immunity provided to insurers for furnishing information related to insurance fraud investigations
Sponsor:
LR Number:
5474S.01I
Last Action:
2/28/2012 - SCS Voted Do Pass S Small Business, Insurance and Industry Committee - (5474S.03C)
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2012

Current Bill Summary

SCS/SB 697 - Current Missouri law allows insurers and others to share information related to insurance fraud investigations without being subject to civil liability for libel. This act expands the immunity afforded to insurers and others for filing reports and furnishing other information related to an insurance fraud investigation so that the insurer will not be subject to civil liability of any kind, including libel and slander.

Additionally, the act provides that no civil cause of action of any nature shall arise against a person for furnishing or receiving information related to suspected or anticipated fraudulent insurance acts to or from:

1) Law enforcement officials, agents and employees;

2) Persons subject to section 375.991;

3) Federal and state agencies, the NAIC, the National Insurance Crime Bureau, or any other organization established to detect and prevent fraudulent insurance acts.

STEPHEN WITTE

Amendments