An Act relative to electronic notices of the cancellation, renewal or nonrenewal of insurance policies
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill requires insurance companies operating in Massachusetts to send policy cancellation, renewal, and nonrenewal notices electronically to policyholders. The goal is to modernize communication and reduce paper waste. It aims to ensure policyholders receive timely notifications about changes to their insurance coverage. The bill also establishes procedures for verifying policyholder consent to receive electronic notices.
Key provisions
- Insurance companies must send cancellation, renewal, and nonrenewal notices electronically.
- Policyholders must consent to receive electronic notices.
- The bill outlines procedures for verifying policyholder consent.
- It addresses the method for providing notice when a policy is canceled.
- It covers the process for notifying policyholders of renewal options.
- It includes provisions for informing policyholders when their coverage is not renewed.
- The bill mandates a secure method for transmitting electronic notices.
- It requires insurance companies to maintain records of electronic notices sent.
Who is affected
- Insurance policyholders in Massachusetts
- Insurance companies operating in Massachusetts
- The Massachusetts insurance industry
Notable changes
- Requires electronic delivery of insurance notices instead of traditional paper mail.
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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