What is the name of the law that requires insurers to disclose information gathering practices?

The law that mandates insurers to disclose their information gathering practices is the Fair Credit Reporting Act (FCRA). This important legislation aims to promote fairness and accuracy in the reporting of consumer information. Under the FCRA, insurers are required to inform individuals when they obtain a consumer report, as well as provide a clear explanation of how the information gathered will be used. This ensures that consumers are aware of what data is being collected and have the right to understand the implications of that information on their insurance applications and policies.

The other options mentioned, while relevant in different contexts, do not specifically address the requirements for disclosure of information gathering practices by insurers. The Truth in Lending Act primarily deals with consumer credit and lending disclosures, the Insurance Information Protection Act relates to protecting personal information in the insurance context, and the State Insurance Regulatory Act focuses on state-level regulation of insurance practices. None of these laws have the same broad disclosure requirements for information gathering as the Fair Credit Reporting Act.