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CS/HB 273: Insurer Notifications

GENERAL BILL by Insurance and Banking Subcommittee ; Perry

Insurer Notifications; Authorizes policyholder of personal lines insurance to elect delivery of policy documents by electronic means; defines "optional coverage"; revises requirements applicable to insurers when providing notice of change in policy terms for renewal policy to include requirement that notice be an advance notice; authorizes such notice to be sent separately from notice of renewal premium within specified timeframe; requires insurer to provide sample copy of notice of change in policy terms to insurance agent at specified time; prohibits use of such notice to add optional coverage that increases policy's premium unless policyholder approves additional optional coverage.

Effective Date: 7/1/2015
Last Action: 6/17/2015 - Chapter No. 2015-170
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
1/15/2015 House • Filed
1/22/2015 House • Referred to Insurance and Banking Subcommittee; Regulatory Affairs Committee -HJ 26
1/28/2015 House • On Committee agenda-- Insurance and Banking Subcommittee, 02/04/15, 1:30 pm, Sumner Hall
2/4/2015 House • CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0 -HJ 133
2/9/2015 House • Pending review of CS under Rule 7.19(c)
2/11/2015 House • Now in Regulatory Affairs Committee -HJ 131
3/3/2015 House • Introduced -HJ 26
• On Committee agenda-- Regulatory Affairs Committee, 03/05/15, 8:30 am, Sumner Hall
• CS by Insurance and Banking Subcommittee read 1st time -HJ 127
3/5/2015 House • Favorable by- Regulatory Affairs Committee; YEAS 16 NAYS 0 -HJ 182
• Placed on Calendar -HJ 182
3/13/2015 House • Placed on Special Order Calendar, 03/17/15
3/17/2015 House • Read 2nd time -HJ 243
• Placed on 3rd reading
3/18/2015 House • Read 3rd time -HJ 257
• CS passed; YEAS 117 NAYS 0 -HJ 257
3/26/2015 Senate • In Messages
3/27/2015 Senate • Referred to Banking and Insurance; Commerce and Tourism -SJ 278
3/31/2015 Senate • Received -SJ 278
4/1/2015 Senate • Withdrawn from Banking and Insurance; Commerce and Tourism -SJ 297
• Placed on Calendar, on 2nd reading -SJ 297
• Substituted for CS/CS/SB 202 -SJ 297
• Read 2nd time -SJ 297
• Read 3rd time -SJ 297
• CS passed; YEAS 36 NAYS 0 -SJ 297
4/2/2015 House • Ordered enrolled -HJ 423
6/1/2015 • Signed by Officers and presented to Governor
6/16/2015 • Approved by Governor
6/17/2015 • Chapter No. 2015-170