HB1252 (2018) Detail

Relative to certificates of insurance.


CHAPTER 24

HB 1252-FN - FINAL VERSION

 

04/05/2018   1150s

2018 SESSION

18-2268

01/03

 

HOUSE BILL 1252-FN

 

AN ACT relative to certificates of insurance.

 

SPONSORS: Rep. Gagne, Hills. 13

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill declares that with the permission of a policy holder, an insurance producer may provide certain documentation to a bank or lending institution regarding financing of certain property.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04/05/2018   1150s 18-2268

01/03

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to certificates of insurance.

 

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

 

24:1  New Subparagraph; Regulation of Forms and Rates for Property and Casualty Insurance; Certificates of Insurance.  Amend RSA 412:6-b, II by inserting after subparagraph (e) the following new subparagraph:

(f)  With the permission of the policy holder, an insurance producer may provide any bank or lending institution with a copy of the certificate of insurance, policy of insurance, or insurance binder relating to the subject property.  If the insurance producer provides a copy of the insurance, policy of insurance, or insurance binder, an insurance producer may complete supplemental questionnaires for a bank or lending institution, provided that the insurance producer shall not be required to analyze or warrant any provisions of the insurance policy.

24:2  Effective Date.  This act shall take effect 60 days after its passage.

 

Approved: May 15, 2018

Effective Date: July 14, 2018

 

 

Links

HB1252 at GenCourtMobile

Action Dates

Date Body Type
Jan. 23, 2018 House Hearing
Jan. 31, 2018 House Exec Session
House Floor Vote
Feb. 22, 2018 House Floor Vote
March 20, 2018 Senate Hearing
April 5, 2018 Senate Floor Vote

Bill Text Revisions

HB1252 Revision: 3880 Date: May 25, 2018, 11:19 a.m.
HB1252 Revision: 3439 Date: April 12, 2018, 10:14 a.m.
HB1252 Revision: 3376 Date: April 6, 2018, 4:06 p.m.
HB1252 Revision: 2151 Date: Nov. 7, 2017, 2:58 p.m.

Docket

Date Status
Jan. 3, 2018 Introduced 01/03/2018 and referred to Commerce and Consumer Affairs HJ 1 P. 4
Jan. 23, 2018 Public Hearing: 01/23/2018 01:15 PM LOB 302
Jan. 31, 2018 Subcommittee Work Session: 01/31/2018 09:00 AM LOB 302
Jan. 31, 2018 Executive Session: 01/31/2018 LOB 302
Committee Report: Ought to Pass (Vote 19-0; CC)
Feb. 22, 2018 Committee Report: Ought to Pass for 02/22/2018 (Vote 19-0; CC) HC 7 P. 4
Feb. 22, 2018 Ought to Pass: MA VV 02/22/2018 HJ 5 P. 3
March 8, 2018 Introduced 03/08/2018 and Referred to Commerce; SJ 7
March 13, 2018 Introduced 03/13/2018 and Referred to Commerce; SJ 7
March 20, 2018 Hearing: 03/20/2018, Room 100, SH, 01:00 pm; SC 13
April 5, 2018 Committee Report: Ought to Pass with Amendment # 2018-1150s, 04/05/2018; SC 15
April 5, 2018 Committee Amendment # 2018-1150s, AA, VV; 04/05/2018; SJ 11
April 5, 2018 Ought to Pass with Amendment 2018-1150s, MA, VV; OT3rdg; 04/05/2018; SJ 11
April 12, 2018 House Concurs with Senate Amendment 1150s (Rep. Hunt): MA VV 04/12/2018 HJ 12 P. 1
April 26, 2018 Enrolled (In recess 04/26/2018); SJ 15
April 26, 2018 Enrolled 04/26/2018
May 15, 2018 Signed by Governor Sununu 05/15/2018; Chapter 24; Eff. 7/14/2018