Under what condition can personal information from an insurance transaction be disclosed?

Personal information from an insurance transaction can be disclosed under several conditions, highlighting the need for confidentiality while also addressing specific circumstances where disclosure is permissible.

When a policyholder provides written authorization, they voluntarily consent to the sharing of their personal information. This ensures that individuals have control over who accesses their private data.

Additionally, sharing information with agents might be necessary to prevent or detect criminal activities, which underscores the importance of safeguarding individuals and communities. In these cases, specific privacy regulations allow for necessary disclosures to combat fraud or other illegal activities while still adhering to privacy principles.

Furthermore, law enforcement authorities may need access to such information when required by law. This provision enables insurance companies to cooperate with law enforcement investigations, ensuring compliance with statutory obligations.

Thus, all the outlined conditions for disclosing personal information—written authorization, detection of criminal activity, and compliance with law enforcement requests—are valid and reflect the nuanced approach to privacy in insurance transactions. This comprehensive understanding aligns with both legal requirements and ethical standards in the field of insurance.