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otherwise exempt from disclosure, and may enter into agreements | with such agencies to receive or exchange information or records | subject to nondisclosure and confidentiality provisions. |
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| | 2.__Laws pertaining to confidentiality or nondisclosure.__ | Except as to privileged records, data and information, the laws | of any compacting state pertaining to confidentiality or | nondisclosure do not relieve any compacting state commissioner of | the duty to disclose any relevant records, data or information to | the commission.__Disclosure to the commission may not be | considered to waive or otherwise affect any confidentiality | requirement.__Except as otherwise expressly provided in this | chapter, the commission is not subject to the compacting state's | laws pertaining to confidentiality and nondisclosure with respect | to records, data and information in its possession.__Confidential | information of the commission remains confidential after such | information is provided to any commissioner. |
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| | 3.__Compliance.__The commission shall monitor compacting | states for compliance with duly adopted bylaws, rules, including | uniform standards, and operating procedures.__The commission | shall notify any noncomplying compacting state in writing of its | noncompliance with commission bylaws, rules or operating | procedures.__If a noncomplying compacting state fails to remedy | its noncompliance within the time specified in the notice of | noncompliance, the compacting state is in default as set forth in | section 2485. |
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| | 4.__Commissioner's authority to oversee market regulation.__ | The commissioner of any state in which an insurer is authorized | to do business or is conducting the business of insurance shall | continue to exercise the commissioner's authority to oversee the | market regulation of the activities of the insurer in accordance | with the provisions of the state's law. The commissioner's | enforcement of compliance with the compact is governed by the | following provisions. |
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| A.__With respect to the commissioner's market regulation of | a product or advertisement that is approved by or certified | to the commission, the content of the product or | advertisement does not constitute a violation of the | provisions, standards or requirements of the compact except | upon a final order of the commission issued at the request | of a commissioner after prior notice to the insurer and an | opportunity for hearing before the commission. |
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| B.__Before a commissioner may bring an action for violation of | any provision, standard or requirement of the compact relating to | the content of an advertisement not approved by or certified to | the commission, the commission, or an |
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