A bill to amend the Fair Credit Reporting Act to provide procedures relating to the disclosure of consumer information maintained by creditors, insurance institutions, insurance support organizations, and depository institutions.

[AI summary unavailable — showing source text] Amends the Fair Credit Reporting Act relating to the disclosure of consumer information maintained by financial institutions. Requires every credit, insurance, and banking institution to notify its customers of the routine disclosures it expects to make of any information maintained on its customers. Prohibits the disclosure, without the customer's authorization, of information inconsistent with such notification except: (1) to prevent or protest against the possible occurrence of fraud; or (2) where necessary to service the credit, insurance or banking relationship; or (3) in response to an administrative summons or judicial order. Requires such institutions to notify their customers of changes in their disclosure policies. Permits unauthorized disclosures by insurance institutions and insurance support organizations as defined in this Act only to physicians. State insurance regulators, or where required by a mandatory reporting statute or legal order. Allows unauthorized disclosures to coinsurers, reinsurers, or any other party in interest to the insurance transaction, provided: (1) the disclosed information is limited to matters relevant to the insurance transaction; (2) the rec…