Arizona Revised Statutes Title 20. Insurance § 20-492.05. Third-party consultants; confidentiality standards

1. Specific procedures and protocols for maintaining the confidentiality and security of CGAD-related information that is shared with the national association of insurance commissioners or a third-party consultant pursuant to this article.

2. Procedures and protocols for sharing by the national association of insurance commissioners only with other state regulators from states in which the insurance group has domiciled insurers. The agreement shall provide that the recipient agree in writing to maintain the confidentiality and privileged status of the CGAD-related documents, materials or other information and verify in writing the legal authority to maintain confidentiality.

3. A provision that specifies that ownership of the CGAD-related information that is shared with the national association of insurance commissioners or a third-party consultant remain with the department and that the national association of insurance commissioners' or third-party consultant's use of the information is subject to the direction of the director.

4. A provision that prohibits the national association of insurance commissioners or a third-party consultant from storing the information shared pursuant to this article in a permanent database after the underlying analysis is completed.

5. A provision that requires the national association of insurance commissioners or a third-party consultant to provide prompt notice to the director and to the insurer or insurance group regarding a subpoena, request for disclosure or request for production of the insurer's CGAD-related information.

6. A requirement that the national association of insurance commissioners or a third-party consultant consent to intervention by an insurer in any judicial or administrative action in which the national association of insurance commissioners or a third-party consultant may be required to disclose confidential information about the insurer shared with the national association of insurance commissioners or a third-party consultant pursuant to this article.