FINAL BILL REPORT
SHB 2846
C 220 L 00
Synopsis as Enacted
Brief Description: Providing certain notices to agents or brokers.
Sponsors: By House Committee on Financial Institutions & Insurance (originally sponsored by Representatives Benson, Hatfield, Sullivan, DeBolt, Barlean, Cairnes, Quall, McIntire and Delvin).
House Committee on Financial Institutions & Insurance
Senate Committee on Commerce, Trade, Housing & Financial Institutions
Background:
Whenever a cancellation notice or a notice regarding the renewal or non-renewal of an insurance policy is provided to an insured person, a copy of the notice must be provided at the same time to the agent or broker.
Summary of Bill:
The copy of the notice that must be provided to the agent or broker regarding cancellation, renewal, or non-renewal of an insurance policy must be sent within five days of the notice being furnished to the policyholder and may be sent electronically.
Votes on Final Passage:
House970
Senate450
Effective:June 8, 2000