HOUSE BILL ANALYSIS

                  HB 2846

Title:  An act relating to certain notices to agents or brokers.

 

Brief Description:  Providing certain notices to agents or brokers.

 

Sponsors::  Representatives Benson, Hatfield, Sullivan, DeBolt, Barlean, Cairnes, Quall, McIntire and Delvin.

 

HOUSE COMMITTEE ON FINANCIAL INSTITUTIONS & INSURANCE

 

Meeting Date:  February 1, 2000.

 

Bill Analysis Prepared by: Charlie Gavigan (786-7340)

 

 

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 can be sent electronically or by bulk mail.

 

 

Appropriation:  None.

 

Fiscal Note: Not requested.

 

Effective Date:  Ninety days after adjournment of session in which bill is passed.