What does the CT Insurance Information and Privacy Protection Act primarily deal with?

The Connecticut Insurance Information and Privacy Protection Act primarily focuses on the disclosure or sale of personal information. This act is designed to protect the privacy of consumers by establishing standards for the handling of personal information by insurance companies. It mandates that insurers must obtain consent from consumers before sharing their personal data with third parties, ensuring that consumers have greater control over their information.

Key provisions of the act include requirements for insurers to notify consumers about their privacy practices and to provide them with the opportunity to opt-out of having their information shared. The intent is to create a transparent framework that prioritizes the personal privacy rights of individuals in their dealings with insurance providers.

While aspects like regulation of insurance premiums, setting claim dispute processes, and licensing requirements are indeed important components of the broader insurance regulatory framework, they are not the focus of this specific act, which is firmly centered on the protection of personal information.