Bill > A4972

This bill broadens the scope of information sharing and civil immunity related to insurance fraud. The key provisions are: 1. It expands the definition of "agent" to include insurance producers as defined in state law. 2. It allows for broader disclosure of personal or privileged information collected in connection with or in reasonable anticipation of an insurance transaction, including for the purpose of detecting or preventing criminal activity, fraud, material misrepresentation, or material nondisclosure. 3. It provides civil immunity to any person who makes a report or provides information to state regulators, law enforcement, or other entities involved in detecting or preventing insurance fraud, as long as the information is provided in good faith and without malice. 4. The bill aims to enhance the ability of insurers, regulators, and law enforcement to share information and work collaboratively to combat insurance fraud.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2022/A4972