If a consumer requests information about an Investigative Consumer Report, how long does the insurer have to respond?

When a consumer requests information regarding an Investigative Consumer Report, the insurer is required by law to respond within a specific time frame, which is five days. This regulation is outlined under the Fair Credit Reporting Act (FCRA), which ensures that consumers are kept informed about the information that is collected about them and how it may affect their insurance or credit decisions. By adhering to this five-day response requirement, insurers help promote transparency and allow consumers to understand their rights and the nature of the reports used during the underwriting process.