A bill to amend the Fair Credit Reporting Act dealing with insurance institutions and privacy.

[AI summary unavailable — showing source text] Amends the Fair Credit Reporting Act to impose restrictions on insurance institutions and insurance support organizations on the collection, use, and disclosure of consumer information. Requires any such institution to develop and maintain procedures to assure the accuracy of information it collects or discloses about an individual. Requires an insurance institution, upon request, to inform an individual whether it has recorded information pertaining to him and to permit such person to see, copy, and request correction or amendment of such information. Restricts disclosure of medical record information by an institution to another insurance institution or insurance support organization. Requires an institution which obtains an investigative report on an applicant to inform such person that he may be interviewed in connection with preparation of such report. Requires an institution to disclose to any individual who is the subject of an adverse underwriting decision: (1) the specific reason for the adverse decision; (2) the specific information relied upon, including identification of institutional sources; (3) the individual's right to inspect and copy such information; (4) amendmen…