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House advances insurance modernization bill to allow electronic posting and update federal parity provisions
Summary
HB 6981 updates Connecticut insurance law to permit certain electronic posting and tracking of insurer notices, modernize surplus-lines rules and align state law with federal home‑loan bank and national insurance-model acts; supporters said the changes increase efficiency and competitiveness.
The House passed HB 6981, an insurance modernization package that authorizes insurers to post certain documents electronically (with consumer opt‑in/opt‑out safeguards), adopts intelligent-mail barcodes for proof-of-mailing and updates state law to align with national model acts and Federal Home Loan…
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