PO Box 7873
Madison WI 53707-7873
Street address:
Julie E. Walsh
Legal Unit - OCI Rule Comment for Rule Ins 25.13
Office of the Commissioner of Insurance
125 South Webster St – 2nd Floor
Madison WI 53703-3474
Email address:
Julie E. Walsh
The proposed rule changes are:
SECTION 1. Ins 25.13 (4) (title) is renumbered Ins 25.13 (4) (title) and (a), and are amended to read:
Ins 25.13 (4) Exception Exceptions. The annual privacy notice requirement in this section does not apply when a licensee complies with either of the following:
(a)
When a licensee provides nonpublic personal financial information to any person described by s. Ins 25.50 (1) (a) 2.SECTION 2. Ins 25.13 (4) (b) is created to read:
Ins 25.13 (4) (b) When both of the following conditions are met:
1. The licensee provides nonpublic personal information only in accordance with the provisions of this chapter.
2. The licensee has not changed its policies and practices with regard to disclosing nonpublic personal information from the policies and practices that were disclosed in the licensee’s most recent disclosure to consumers in accordance with this section.
SECTION 3. These proposed rule changes will take effect on the date of publication as provided in s. 227.14 (4m), Stats.
