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Bill would let insurers use modern electronic notices for portable electronics insurance
Summary
AB466 would update state law to allow electronic notifications for portable electronics insurance policies rather than requiring mailed notices that predate more recent electronic-consent rules; insurers and the Division of Insurance supported the update.
Assemblywoman Heidi Kasama presented Assembly Bill 466, which would update Nevada statute to allow mobile phone insurance providers and policy issuers to deliver required notices electronically rather than by postal mail. Jesse Wadhams, representing Asurion, told the committee the 2011 law predated common electronic-notice practices and a 2017 update left this statute behind.
"Functionally, it updates the process by which a cell phone insurance plan or a cell phone insurance provider can give notice to its customers," Wadhams said, explaining the bill would conform the statute with current Division of Insurance rules that allow electronic notice.
The Vegas Chamber testified in support, saying the change reduces duplicative administrative requirements and cost of compliance while maintaining consumer safeguards. Adam Plaine of the Division of Insurance testified in neutral/supportive terms, saying the division "is all good with this bill." No opposition testimony was recorded.
Why it matters: Supporters said the change reduces unnecessary business cost and brings statutory language into line with existing electronic-notice rules and consumer communication practices.
What's next: The hearing closed with no committee vote recorded in this session.
