Senate panel backs 60-day notice for insurer rate changes amid calls for transparency
SB 29 52 would require insurers to give policyholders at least 60 days' notice before rate changes take effect. The committee passed the measure with amendments after supporters stressed transparency for disaster-affected policyholders; DCCA stood on written comments.
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The committee voted to pass SB 29 52 with amendments. The bill would require certain insurers to notify policyholders at least 60 days before a rate-change effective date beginning Jan. 1, 2027, to improve transparency for consumers.
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