[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1188 Engrossed in House (EH)]
103d CONGRESS
2d Session
H. R. 1188
_______________________________________________________________________
AN ACT
To provide for disclosures for insurance in interstate commerce.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Anti Redlining in Insurance
Disclosure Act''.
SEC. 2. FINDINGS AND CONSTRUCTION.
(a) Findings.--The Congress finds that--
(1) disparities in property and casualty insurance coverage
provided by insurers engaged in interstate commerce between
areas of different incomes and racial composition could
adversely affect interstate commerce and the cost and
availability of insurance for consumers, and
(2) appropriate disclosures of information by insurers
would benefit consumers and insurance regulators.
(b) Construction.--Nothing in this Act is intended to, nor shall it
be construed to, encourage unsound underwriting practices.
SEC. 3. MAINTENANCE OF INFORMATION AND PUBLIC DISCLOSURE.
(a) General Rule.--
(1) Designated insurers.--
(A) In general.--Except as provided by subsection
(b)(7), each designated insurer shall, in accordance
with subsection (b), annually compile, submit to the
Secretary, and make available to the public for each
calendar year and for designated lines of insurance in
a designated MSA--
(i) the total number of policies, total
exposure units (in car years and house years),
and total earned premium of insurance policies
by designated line which were issued by such
insurer and the new written exposure units,
exposure units canceled, and the exposure units
not renewed by such insurer, and
(ii) the number of licensed agents of such
insurer whose principal place of business is
located in such designated MSA and the number
within each 5-digit zip code in such designated
MSA and with respect to each such agent,
whether such agent is an employee, independent
contractor working exclusively for such
insurer, or an independent contractor appointed
to represent such insurer on a non-exclusive
basis.
(B) Submissions and availability.--The information
described in subparagraph (A) shall be--
(i) submitted to the Secretary in
accordance with subsection (d), and
(ii) made available to the public, in
accordance with subsection (b)(2), for
inspection and copying, at cost, at the home
office of the insurer and at a central
depository, established under subsection (c),
by the Secretary.
(2) Non-designated insurers.--Except as provided in
subsection (b)(7), every insurer which sells an insurance
policy in a designated line of insurance in a designated MSA
and which is not a designated insurer in such MSA shall submit
to the Secretary for each calendar year in accordance with
subsection (d) and regulations of the Secretary the total
exposure units (in car years and house years) of insurance
policies in a designated line sold in such MSA. With respect to
such policies, the insurer shall report the designated MSA
where the insured risks are located for which such insurance is
issued and within such MSA report the 5-digit zip code where
the risk is located.
(b) Requirements.--
(1) Content.--The information required to be maintained and
made available under subsection (a)(1) shall be itemized in
order to clearly and conspicuously disclose the policies, the
exposure units, and the premium amount for each line of
insurance for which information is required and be itemized by
the 5-digit zip code where the risks are located.
(2) Availability to the public.--The information required
to be maintained and made available under subsection (a) shall
be made available to the public on a timetable determined by
the Secretary but not later than October 1 of the calendar year
following the calendar year for which the information is
required to be made available, except that such information
shall not be made available to the public until it is available
in its entirety but it shall be made available if not all the
information required to be reported is available on such
October 1 or on the date determined by the Secretary.
(3) Specification of data.--
(A) In general.--With respect to information which
is required to be maintained and made available under
subsection (a)(1), the Secretary shall by regulation
establish specifications for the collection and public
reporting of such information with respect to the
following lines of insurance: private passenger
automobile, homeowners, and dwelling fire and allied
lines. The specifications shall--
(i) provide that information be aggregated
among similar policyholders and reported on
that basis,
(ii) be designed to collect information
with respect to the availability, cost, and
type of insurance coverage between and among
various geographic areas,
(iii) detail what data elements should be
collected,
(iv) provide for the collection of
information on an individual insurer basis,
(v) minimize burdens on insurance agents,
including independent insurance agents,
(vi) provide the data required by clause
(ii) with the least burden on insurers,
particularly small insurers,
(vii) take into account the types of data
collected under the Home Mortgage Disclosure
Act of 1975,
(viii) take into account existing
statistical reporting systems in the insurance
industry,
(ix) require itemization by 5-digit zip
code, and
(x) include information on policies written
in a residual market.
(B) Consultations.--In developing the
specifications in subparagraph (A), the Secretary shall
consult with--
(i) other Federal agencies with appropriate
expertise,
(ii) State insurance regulators,
(iii) representatives of the insurance
industry, including statistical agents,
(iv) representatives of insurance
producers, including minority insurance
producers, and
(v) consumer, community, and civil rights
groups who are representative of a diversity of
geographic locations.
(C) Effective date.--The regulation under
subparagraph (A) shall be issued no later than 270 days
after the date of the enactment of this Act.
(4) Commercial insurance study and pilot project.--
(A) Study.--The Secretary shall conduct a study
regarding the availability of commercial insurance
(other than professional liability insurance, workers
compensation insurance, and title insurance) with
special emphasis on the availability of commercial
insurance for small business. The study shall focus
on--
(i) an appropriate definition for small
business; and
(ii) preliminary views regarding the
availability, cost, and type of insurance
coverage for small business, which may be based
on surveys of members of the small business
community.
In conducting the study, the Secretary shall consult
with interested parties from a diversity of locations,
including State insurance regulators, consumer,
community, and civil rights groups, representatives of
small business, representatives of the insurance
industry, including statistical agents, and
representatives of insurance producers, including
minority insurance producers. The Secretary shall
submit a report detailing the findings of the study to
the Committee on Energy and Commerce of the House of
Representatives and the appropriate committee of the
Senate no later than 18 months following the date of
enactment of this Act.
(B) Proposal of pilot project.--Concurrent with the
conduct of the study under subparagraph (A), the
Secretary shall develop a proposed data collection
pilot project in the 5 largest MSA's to help determine
the need for any further data collection requirements
to evaluate the availability, cost, and type of
insurance coverage for small business. In developing
the proposed pilot project, the Secretary shall consult
with interested parties from a diversity of locations,
including State insurance regulators, consumer,
community, and civil rights groups, representatives of
small business, representatives of the insurance
industry, including statistical agents, and
representatives of insurance producers, including
minority insurance producers. The Secretary shall
submit a specific proposal for a pilot project to the
Committee on Energy and Commerce of the House of
Representatives and the appropriate committee of the
Senate no later than 18 months following the date of
enactment of this Act.
(C) Specifications for pilot project.--Immediately
following the submission of the proposal for a pilot
project, the Secretary shall, by regulation, establish
specifications for the collection and public reporting
of information with respect to commercial insurance for
the proposed pilot project. As part of the
specifications, the Secretary shall designate the 5
largest MSA's for purposes of the pilot project. The
specifications shall--
(i) provide that information be aggregated
among similar policyholders and reported on
that basis,
(ii) be designed to collect information
with respect to the availability, cost, and
type of insurance coverage between and among
various geographic areas,
(iii) provide for the collection of
information on an individual insurer basis,
(iv) provide the data required by clause
(ii) with the least burden on insurers,
particularly small insurers, and insurance
agents, including independent insurance agents,
(v) take into account existing statistical
reporting systems in the insurance industry and
use existing data sources to the maximum
practical extent,
(vi) include information on policies
written in a residual market,
(vii) detail what data elements should be
collected,
(viii) detail what insurers should be
designated insurers for purposes of the pilot
project,
(ix) detail what lines of commercial
insurance should be designated for purposes of
the pilot project, with particular
consideration given to commercial fire and
business owners lines,
(x) include an appropriate definition of
small business, if necessary,
(xi) provide data representative of at
least 2 years of experience and provide that
the pilot project will terminate no later than
2 years after its inception, and
(xii) provide adequate lead time to
insurers designated under clause (viii) for the
reporting to begin.
The regulation shall be issued within 2 years of the
date of enactment of this Act.
(D) Reporting under pilot project.--Insurers
designated under subparagraph (C)(viii) shall report to
the Secretary with respect to lines of insurance
designated under subparagraph (C)(ix) in the 5 largest
MSA's, pursuant to the regulation issued by the
Secretary in subparagraph (C).
(E) Analysis of data under pilot project.--At the
conclusion of the pilot project, the Secretary shall
analyze the data collected. Within 1 year of the
conclusion of the pilot project, the Secretary shall
report to the Committee on Energy and Commerce of the
House of Representatives and the appropriate committee
of the Senate on--
(i) any conclusions of the Secretary
regarding the data collected under the pilot
project, particularly regarding the
availability, cost, and type of commercial
insurance for small business, and
(ii) the need for further data collection
requirements to evaluate the availability,
cost, and type of such coverage or to help
ensure the availability of such coverage.
(5) Period of maintenance.--Any information required to be
compiled and made available under subsection (a) shall be
maintained and made available for a period of 3 years after the
close of the first year during which such information is
required to be maintained and made available.
(6) Format for disclosures.--Subject to subsection (c), the
Secretary shall prescribe a standard format for making
information available as required by subsection (a). Such
format shall encourage the submission of information in a form
readable by a computer.
(7) Exemption.--
(A) Secretarial action.--If the Secretary
determines that a State has enacted a law, or otherwise
implemented a requirement under which--
(i) insurers operating in that State are
subject to disclosure requirements on a 5-digit
zip code basis substantially similar to those
of subsection (a),
(ii) there are adequate provisions for
enforcement, and
(iii) the information disclosed under the
State law or requirement is made available to
the Secretary and the public in a manner
similar to other information disclosed under
subsection (a),
then the Secretary shall by regulation exempt insurers
operating in that State from complying with the
requirements of subsection (a) with respect to that
State's portions of the designated MSA's. If the
Secretary determines that the State law or requirement
no longer meets the criteria of clauses (i) through
(iii) or is no longer in effect, the Secretary shall by
regulation revoke the exemption.
(B) United states program.--Reporting shall not be
required under subsection (a) with respect to insurance
provided by a program underwritten or administered by
the United States.
(c) Public Access System.--The Secretary shall implement a system
to facilitate public access to information required to be made
available to the public under subsection (a). Such system shall include
arrangements for a central depository of information in each designated
MSA and for a telephone number which can be used by the public, at
cost, to request such information. Statements shall be made available
to the public for inspection and copying at such central depository of
information for all designated insurers within such MSA. The Secretary
shall also make copies of such statements available in forms readable
by widely used personal computers, such as in disc format. The
Secretary may charge a fee for such information, which may not exceed
the amount, determined by the Secretary, that is equal to the cost of
reproducing the information.
(d) Submission to Secretary.--With respect to the information
required to be submitted under subsection (a) to the Secretary, the
Secretary shall develop regulations prescribing the format and method
for submitting such information. Such regulations shall ensure
uniformity among insurers, to the extent practicable, in the format
used for reporting, including the definitions of data elements. Any
reporting insurer may submit in writing to the Secretary such
additional data or explanations as it deems relevant to the decision by
such insurer to sell insurance.
SEC. 4. DESIGNATIONS.
(a) Designations by the Secretary.--
(1) Designations of msa's.--The Secretary shall designate
the MSA's for which reporting is required under section 3(a).
The Secretary shall designate the 25 MSA's having the largest
population.
(2) Designation of insurers.--For each MSA designated under
paragraph (1), the Secretary shall take the following actions:
(A) The Secretary shall designate the insurers
transacting insurance business in such MSA for which
reporting is required under section 3(a). At a minimum,
the Secretary shall designate the 25 insurers in such
MSA having the largest premium volume in the designated
lines of insurance in each State in which such MSA is
located.
(B) In addition to the insurers designated under
subparagraph (A), the Secretary shall also designate
any entity primarily providing insurance in a
designated line of insurance as part of a residual
market established by State law.
(C) The Secretary shall also designate, in addition
to the insurers designated under subparagraphs (A) and
(B), insurers who specialize in selling insurance in
urban areas, including surplus lines insurers.
(D) The Secretary shall also designate, in addition
to the insurers designated under subparagraph (A), (B),
and (C) insurers such that insurers representing at
least 80 percent of the premium volume in each State in
which such MSA is located in the designated line of
insurance are designated in such MSA. The Secretary may
not designate additional insurers under this
subparagraph if their market share in the designated
line of insurance in the applicable States, as measured
by premium volume in each State in which such MSA is
located, is under 1 percent.
(E) In addition to the insurers designated under
subparagraph (A), (B), (C), and (D) the Secretary may
by regulation designate additional insurers in a MSA if
the designation of additional insurers is necessary to
provide valid data with respect to the availability,
cost, and type of insurance in the MSA.
(F) The Secretary shall revoke the designation of
an insurer designated under subparagraph (A) as
follows: If such designated insurer has a market share
in a designated line of insurance in a MSA, as measured
by premium volume in each State in which such MSA is
located, of under 1 percent, the Secretary shall revoke
the designation of such insurer beginning with the
insurer with the smallest market share of such
insurance if the remainder of the designated insurers
have a market share of at least 75 percent of such
insurance as measured by premium volume in each State
in which such MSA is located. In addition, the
Secretary may revoke the designation of any insurer
designated under subparagraph (A) with a market share
in a designated line of insurance in a MSA, as measured
by premium volume in each State in which such MSA is
located, of under 1 percent if such designation has not
been revoked under this subparagraph and if such
insurer primarily sells insurance in rural areas of
such MSA.
(G) For purposes of this paragraph, insurers which
are affiliated or are members of the same group shall
be considered together as one insurer.
(3) Designation of lines of insurance.--For each MSA
designated under paragraph (1) the following are the designated
lines of property and casualty insurance for which reporting is
required under section 3:
(A) Private passenger automobile insurance.
(B) Homeowners insurance.
(C) Dwelling fire and allied lines of insurance.
(4) Timing of designations.--
(A) Initial designations.--The Secretary shall make
initial designations required by paragraphs (1), (2),
and (3) no later than July 1 of the year preceding the
first year for which reporting is required under
section 3. Such initial designations shall be effective
for 5 calendar years from the date of designation.
(B) Subsequent designations.--Not later than July 1
of the year preceding the fifth year after a
designation under subparagraph (A) or this
subparagraph, the Secretary shall make another
designation to be effective upon the expiration of such
5 years and such designation shall be effective for 5
calendar years from the date of designation.
(C) Notice.--The Secretary shall notify persons
involved in the designations no later than the July 15
which follows the designation.
(b) Obtaining Information.--The Secretary may obtain from insurers
such information as the Secretary may require to make designations
under subsection (a).
SEC. 5. TASK FORCE ON AGENCY APPOINTMENTS.
(a) Establishment.--Within 90 days of the date of the enactment of
this Act, the Secretary shall establish a task force on insurance
agency appointments. The task force shall--
(1) consist of representatives of appropriate Federal
agencies, property and casualty insurance agents, including
specifically minority insurance agents, property and casualty
insurance companies, State insurance regulators, and public
interest groups,
(2) have a significant representation from minority
insurance agents, and
(3) be chaired by the Secretary or the Secretary's
designee.
(b) Function.-- The task force shall--
(1) review the problems inner city and minority agents may
have in receiving appointments to represent property and
casualty insurance companies,
(2) review the practices of insurers in terminating agents
and consider the effect such practices have on the availability
or cost of insurance, especially in underserved areas, and
(3) recommend solutions to improve the ability of inner
city and minority insurance agents to market property and
casualty insurance products, including steps property and
casualty insurance companies should take to increase their
appointments of such agents.
(c) Report and Termination.--The task force shall report to the
Committee on Energy and Commerce of the House of Representatives and
the appropriate Committee of the Senate its findings under paragraphs
(1) and (2) of subsection (b) and its recommendations under paragraph
(3) of subsection (b) within 2 years after the date of the enactment of
this Act. The task force shall terminate when the report is submitted
to the Committees.
SEC. 6. IMPLEMENTATION OF SECTION 3.
(a) Regulations.--The Secretary shall promulgate such regulations
as may be necessary to carry out section 3. Such regulations may--
(1) contain such classifications, differentiations, or
other provisions, and
(2) may provide for such adjustments and exceptions for any
class of transactions,
as in the judgment of the Secretary are necessary and proper to
effectuate the purposes of such section and to prevent circumvention or
evasion thereof or to facilitate compliance therewith.
(b) Data Collection Contractor.--The Secretary may contract with a
data collection contractor to carry out the Secretary's
responsibilities under section 3 if the contractor agrees to collect
and make available the data pursuant to the terms and conditions of
such section. A statistical agent may also be a data contractor.
(c) Role of Statistical Agents.--
(1) Acceptance of data.--The Secretary and, if applicable,
the contractor under the subsection (b) contract may accept
data reported under section 3(a) by a statistical agent acting
on behalf of more than one insurer if--
(A) the statistical plan used by the statistical
agent for the reporting of data on insurance provides
for the reporting of data in a manner compatible with
section 3(a),
(B) the statistical agent reports such data on an
individual insurer basis, and, at the discretion of the
Secretary, on an aggregate basis,
(C) the statistical agent provides adequate
procedures to protect the integrity of the data
reported,
(D) the statistical agent has procedures in place
which ensure that data reported under the statistical
plan in connection with reporting under this Act and
submitted to the Secretary are not subject to
adjustment by the statistical agent or an insurer for
reasons other than technical accuracy and conformance
to the statistical plan,
(E) the statistical agent ensures that the data of
one insurer is not subject to review by other insurers
before public availability, and
(F) the statistical agent provides for the
reporting of data in a manner compatible with the
format prescribed by the Secretary under section 3(d).
(2) Discontinuance of data acceptance.--The Secretary may,
after providing an opportunity for a hearing, discontinue
accepting data reported under section 3(a) by a statistical
agent acting on behalf of more than one insurer if the
Secretary determines the requirements for acceptance of data in
paragraph (1) are no longer met.
(d) Role of GAO.--The Comptroller General shall have the authority
to review and audit any data collection and reporting performed under
section 3, whether by the Secretary, the contractor under the
subsection (b) contract, or a statistical agent, to ensure that the
integrity of the data collected and reported is protected.
(e) Burdens on Insurance Agents.--In prescribing regulations under
this Act, the Secretary shall take into consideration the
administrative, paperwork, and other burdens on insurance agents,
including independent insurance agents, involved in complying with the
requirements of this Act and shall minimize the burdens imposed by such
requirements with respect to such agents.
SEC. 7. RELATION TO STATE LAWS.
This Act does not annul, alter, or affect, or exempt the obligation
of any insurer subject to this Act to comply with the laws of any State
or subdivision thereof with respect to public disclosure and
recordkeeping.
SEC. 8. COMPILATION OF AGGREGATE DATA.
(a) Scope of Data and Tables.--The Secretary shall compile each
year, for each MSA, data aggregated by 5-digit zip code for all
insurers who are subject to section 3 or who are exempt from section 3
under subsection (b)(7)(A) of such section. The Secretary shall also
produce tables indicating, for each MSA, insurance policies aggregated
for various categories of 5-digit zip codes grouped according to
location, age of property, income level, and racial characteristics of
neighborhood.
(b) Aggregation of Information.--Statistical agents may aggregate
the data of insurers that report to them and may provide such
information to the Secretary. The Secretary may also provide the
individual company data submitted by insurers to statistical agents for
aggregation.
(c) Availability to Public.--The data compiled and the tables
produced pursuant to subsection (a) shall be made available to the
public on a timetable determined by the Secretary but not later than
October 1 of the year following the calendar year on which the data and
tables are based.
SEC. 9. ENFORCEMENT.
(a) Civil Penalties.--Any insurer who is determined by the
Secretary, after providing opportunity for a hearing on the record, to
have violated the requirements of section 3 shall be subject to a civil
penalty of not to exceed $5,000 for each day during which such
violation continues.
(b) Injunction.--The Secretary may bring an action in an
appropriate United States district court for appropriate declaratory
and injunctive relief against any insurer who violates the requirements
of section 3.
(c) Insurer Liability.--An insurer shall be responsible under
subsections (a) and (b) for any violation of a statistical agent acting
on behalf of the insurer.
SEC. 10. SUNSET.
(a) Expiration.--Except as provided in subsection (b), this Act
shall not be in effect after the expiration of 5 years from its
effective date. Prior to the expiration of 4 years from such date, the
Secretary shall report to the Energy and Commerce Committee of the
House of Representatives and the appropriate committee of the Senate--
(1) the quality of data received under section 3 and the
effectiveness of the data requirement, including the relation
between the cost of such data gathering and the benefits from
having such data available,
(2) the appropriateness of the geographic data reporting
units,
(3) the need for continued reporting by the designated
insurers in urban areas,
(4) the efforts of insurers to meet the insurance needs of
minority and low-income neighborhoods, and
(5) such other information as the Secretary determines will
assist in considering an extension of this Act.
(b) Extension.--Based on the Secretary's report on the need
described in subsection (a)(3) and the information described in
subsection (a)(5), the Secretary may extend this Act for one period of
2 years.
SEC. 11. STUDIES.
(a) Study of Information on Insurance Applicants.--
(1) In general.--The Secretary shall conduct a study to
determine the feasibility and utility of the collection of
information with respect to the characteristics of applicants
for insurance and reasons for rejection of applicants. The
study shall examine the extent to which--
(A) oral applications or representations are used
by insurers and agents in making determinations
regarding whether or not to insure a prospective
insured,
(B) written applications are used by insurers and
agents in making determinations regarding whether or
not to insure a prospective insured,
(C) written applications are submitted after the
insurer or agent has already made a determination to
provide insurance to a prospective insured or has
determined that the prospective insured is eligible for
insurance, and
(D) prospective insureds are discouraged from
submitting applications for insurance based, in whole
or in part, on--
(i) the location of the risk to be insured,
(ii) the race or ethnicity of the
prospective insured,
(iii) the racial or ethnic composition of
the neighborhood in which the risk to be
insured is located, and
(iv) in the case of residential property
insurance, the age and value of the risk to be
insured.
(2) Report.--The Secretary shall report the results of the
study under paragraph (1) to the Committee on Energy and
Commerce of the House of Representatives and the appropriate
Committee of the Senate within 18 months of the date of the
enactment of this Act.
(b) Study of Insurer Actions To Meet Insurance Needs of Certain
Neighborhoods.--The Secretary shall conduct a study of various
practices, actions, programs, and methods undertaken by insurers to
meet the property and casualty insurance needs of residents of low- and
moderate-income neighborhoods, minority neighborhoods, and small
businesses located in such neighborhoods. The Secretary may establish a
task force of interested parties, including representatives of
insurance companies, insurance agents, including minority agents, and
consumer representatives to discuss additional practices, actions,
programs, and methods to meet these needs. The Secretary shall report
the results of the study, including any recommendations, to the
Committee on Energy and Commerce of the House of Representatives and
the appropriate Committee of the Senate no later than 2 years after the
date of the enactment of this Act.
SEC. 12. DEFINITIONS.
For purposes of this Act:
(1) The term ``commercial insurance'' means any line of
property and casualty insurance, except private passenger
automobile and homeowner's insurance.
(2) The term ``designated insurer'' means an insurer
designated by the Secretary pursuant to section 4(a)(2).
(3) The term ``designated line'' means a line of insurance
specified in section 4(a)(3).
(4) The term ``exposure units'' means units insured against
risk of loss by an insurer and the term ``units'' means an
automobile or the number of units in a building.
(5) The term ``insurer'' means any corporation,
association, society, order, firm, company, partnership,
individual, or aggregation of individuals which is subject to
examination or supervision by any State insurance regulator, or
which is doing or represents an insurance business. Such term
does not include an individual or entity which represents an
insurer as agent for the purpose of selling or which represents
a consumer as a broker for the purpose of buying insurance.
(6) The term ``MSA'' means a Metropolitan Statistical Area
or a Consolidated Metropolitan Statistical Area and the term
``designated MSA'' means an MSA designated by the Secretary
pursuant to section 4(a)(1).
(7) The term ``property and casualty insurance'' means
insurance against loss of or damage to property, insurance
against loss of income or extra expense incurred because of
loss of, or damage to, property, and insurance against third
party liability claims caused by negligence or imposed by
statute or contract.
(8) The term ``residual market'' means an assigned risk
plan, joint underwriting association, or any similar mechanism
designed to make insurance available to those unable to obtain
it in the voluntary market.
(9) The term ``Secretary'' means the Secretary of Commerce.
(10) The term ``State'' means any State, the District of
Columbia, the Commonwealth of Puerto Rico, the Northern Mariana
Islands, the Virgin Islands, American Samoa, and the Trust
Territory of the Pacific Islands.
SEC. 13. EFFECTIVE DATE.
The requirements of this Act shall take effect with respect to
information on insurance described in section 3 and developed in and
after calendar year 1995.
Passed the House of Representatives July 20, 1994.
Attest:
Clerk.
103d CONGRESS
2d Session
H. R. 1188
_______________________________________________________________________
AN ACT
To provide for disclosures for insurance in interstate commerce.