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Office of the Revisor of Statutes

SF 1509 Senate Long Description

Establishing an insurance compliance self audit privilege as a voluntary internal insurer evaluation process to improve compliance with insurance regulations; designating insurance compliance self audit documents as privileged information not discoverable or admissible as evidence in civil or criminal legal actions or administrative proceedings, exceptions; prohibiting examination in proceedings of self audit preparers, exception; prohibiting use of the documents as a basis for finding violations or for fines or penalties, exception; providing for court ordered disclosure in civil or administrative proceedings; burden of proof of demonstrating the applicability of the privilege to be with the insurer; preserving the statutory or common law privilege(rla)