Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
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 Bank-related provisions.
Representative Wood summarized the bill as a set of modernization measures that will allow insurers and policyholders to use electronic delivery for notices and policy documents when consumers opt in. She described consumer protections: customers who prefer paper will remain able to request it, and carriers must keep records for five years.
Other sections update surplus-lines processes and harmonize Connecticut statutes with reforms passed through the National Council of Insurance Legislators and the NAIC, bringing the state broadly into parity with 33 other jurisdictions that have adopted similar provisions.
Proponents said the changes will save costs and improve tracking for nonrenewal or cancellation notices; opponents questioned consumer access for seniors and non‑digital households. Lawmakers said carriers must provide clear instructions on how to receive paper copies and that records must be retained.
