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Bill

Bill

A 114

Relates to electronic delivery of insurance notices

2025 Regular Session Introduced by Sam Berger and 27 co-sponsors

Bill A 114 allows insurance companies to send notices electronically, improving access for policyholders while reducing paper waste and operational costs for insurers.

REFERRED TO INSURANCE
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WeVote Research Nonpartisan
Bill Summary · A 114

Summary of Bill A 114: Electronic Delivery of Insurance Notices

Bill Overview

  • Bill Number: A 114
  • Title: Relates to electronic delivery of insurance notices
  • Status: Referred to Insurance Committee
  • Introduced On: January 08, 2025
  • Classification: Legislative Bill

Purpose and Intent

Bill A 114 aims to modernize the way insurance notices are delivered to policyholders by allowing for electronic delivery. The intent is to streamline communication between insurance providers and consumers, making it more efficient and environmentally friendly.

Key Provisions

  • Electronic Delivery Authorization: The bill proposes that insurance companies can send notices electronically, provided that the policyholder has consented to receive communications in this manner.
  • Notice Requirements: The bill outlines specific requirements for what constitutes a valid electronic notice, ensuring that policyholders receive all necessary information in a clear and accessible format.
  • Opt-Out Provisions: Policyholders will have the right to opt-out of electronic delivery and request traditional paper notices if they prefer.
  • Compliance Standards: Insurance companies must comply with established standards for electronic communications, including security measures to protect consumer information.

Impact

  • Policyholders: The bill is expected to benefit consumers by providing quicker access to important insurance information and reducing the reliance on paper, which can lead to cost savings for both insurers and policyholders.
  • Insurance Providers: Insurers may experience reduced operational costs associated with printing and mailing physical notices. However, they will need to implement systems to manage electronic communications effectively.
  • Environmental Considerations: By promoting electronic delivery, the bill supports sustainability efforts by reducing paper waste in the insurance industry.

Procedural Aspects

  • Current Status: As of January 08, 2025, the bill has been referred to the Insurance Committee for further consideration.
  • Related Legislation: This bill is related to prior-session bills A 9839 and A 8219, as well as companion bill S 3352, indicating ongoing legislative interest in modernizing insurance communication practices.

Conclusion

Bill A 114 represents a significant step towards enhancing the efficiency of insurance communications through electronic delivery. By aligning with technological advancements and consumer preferences, the bill seeks to improve the overall experience for policyholders while also addressing environmental concerns. Further discussions and evaluations will take place as the bill progresses through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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