Bill Text - SB94 (2013)

Relative to portable electronics insurance.


Revision: March 15, 2013, midnight

SB 94 – AS AMENDED BY THE SENATE

03/14/13 0757s

2013 SESSION

13-0884

01/10

SENATE BILL 94

AN ACT relative to portable electronics insurance.

SPONSORS: Sen. Carson, Dist 14; Sen. Sanborn, Dist 9; Rep. Renzullo, Hills 37; Rep. McCarthy, Hills 29; Rep. Walz, Merr 23; Rep. Goley, Hills 8

COMMITTEE: Commerce

ANALYSIS

This bill clarifies the applicability of the law regulating insurance claims adjusters as it applies to portable electronics insurance claims.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/14/13 0757s

13-0884

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT relative to portable electronics insurance.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Subparagraph; Insurance Claims Adjusters; Applicability of Chapter. Amend RSA 402-B:2, II by inserting after subparagraph (c) the following new subparagraph:

(d) A person who, for purposes of portable electronics insurance claims, collects and enters claims information from, or furnishes claims information to, insureds or claimants, utilizing an automated claims adjudication system; provided, that no more than 25 such persons are under the supervision of a licensed insurance claims adjuster or a licensed insurance producer. A licensed insurance producer adjusting claims or acting as a supervisor pursuant to this subparagraph shall not also be required to be a licensed insurance claims adjuster. In this subparagraph:

(1) “Automated claims adjudication system” means a preprogrammed computer system that is:

(A) Utilized only by licensed insurance claims adjusters, licensed insurance producers, or supervised individuals operating pursuant to this subparagraph, designed for the collection, data entry, calculation, and final resolution and settlement of claims with respect to portable electronics insurance in compliance with the claims settlement requirements of the insurance laws of this state; and

(B) Certified as compliant with the claims settlement requirements of the insurance laws of this state by a licensed insurance claims adjuster that is an officer of the entity which employs the individuals operating pursuant to this subparagraph.

(2) “Licensed insurance claims adjuster” means a person licensed as an insurance claims adjuster under this chapter.

(3) “Licensed insurance producer” means a person licensed to sell, solicit, or negotiate portable electronics insurance under RSA 402-J.

(4) “Portable electronics insurance” shall have the same meaning as such term under RSA 402-K:1, VI.

2 Effective Date. This act shall take effect 60 days after its passage.