Question

What is the name of the law that requires insurers to disclose information gathering practices and where the information was obtained? state guaranty association fair labor standards board fair credit reporting act national association of insurance commissioners?

Answer 1

The correct answer is fair credit reporting act. The fair credit reporting act regulates the collection and use of consumer information by ensuring that consumer reports contain only accurate, relevant, and recent information. It also requires insurers to disclose information gathering practices and where the information was gathered from.