Bill
SD 613
Overview: Bill Number: SD 613, Title: An Act relative to electronic notices of the cancellation, renewal or nonrenewal of insurance policies, Status: House concurred, Introduced: F
Overview: Bill Number: SD 613, Title: An Act relative to electronic notices of the cancellation, renewal or nonrenewal of insurance policies, Status: House concurred, Introduced: February 27, 2025, Classification: proposed bill
Purpose and Intent: This bill aims to modernize the insurance policy notification process by allowing insurers to provide electronic notices to policyholders regarding the cancellation, renewal, or non-renewal of their insurance coverage. The goal is to improve the efficiency and timeliness of these important communications.
Key Provisions:
- Permits insurers to deliver policy cancellation, renewal, and non-renewal notices electronically, rather than solely through physical mail
- Requires insurers to obtain explicit consent from policyholders to receive electronic notices
- Establishes guidelines for the content, formatting, and delivery of electronic notices to ensure they are clear and accessible
- Maintains the option for policyholders to request physical mail delivery of the notices
Affected Parties and Impacts:
- Policyholders, who will have the choice to receive important insurance notifications electronically, potentially improving the timeliness of the information
- Insurance companies, which will benefit from reduced administrative costs and paper usage associated with physical mail delivery
- State insurance regulators, who will need to oversee the implementation of the new electronic notice policies
Procedural and Timeline Considerations:
The bill has been passed by both the state Senate and House, and is now awaiting the governor's signature. If signed into law, the new electronic notice provisions would take effect within 90 days, giving insurers time to update their systems and obtain policyholder consent.
Compiled from official sources — confirm details with the bill’s official record.
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