SB 64 - FINAL VERSION
SENATE BILL 64
SPONSORS: Sen. Morgan, Dist 23; Sen. Soucy, Dist 18
This bill requires that insurance companies submit their written antifraud plan to the commissioner of the department of insurance, upon request.
This bill is a request of the insurance department.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
Be it Enacted by the Senate and House of Representatives in General Court convened:
I. Except for insurance companies writing only credit, home warranty, travel, or title insurance, every insurance company licensed to write direct business in this state shall have antifraud initiatives reasonably calculated to detect, prosecute, and prevent fraudulent insurance acts, including a written antifraud plan [submitted to the commissioner]. This plan shall be furnished to the commissioner, upon request.
IV. If the commissioner finds that an insurer licensed to do business in New Hampshire has failed [to submit a plan, as required under paragraph I of this section, reasonably calculated to detect, prosecute, and prevent fraudulent insurance acts, or has submitted but failed] to execute [that] an antifraud plan, the commissioner may issue a fine or suspend the right of the insurer to do business in this state until such time as that insurer comes into compliance with the provisions of this chapter.
Approved: July 10, 2019
Effective Date: July 10, 2019
|March 5, 2019||Senate||Hearing|
|March 21, 2019||Senate||Floor Vote|
|April 16, 2019||House||Hearing|
|May 21, 2019||House||Exec Session|
|June 5, 2019||House||Floor Vote|
July 10, 2019: Signed by the Governor on 07/10/2019; Chapter 189; Effective 07/10/2019
June 13, 2019: Enrolled (In recess 06/13/2019); SJ 21
June 13, 2019: Enrolled 06/13/2019 HJ 19 P. 18
June 5, 2019: Ought to Pass: MA VV 06/05/2019 HJ 17 P. 3
: Committee Report: Ought to Pass (Vote 20-0; CC)
June 5, 2019: Committee Report: Ought to Pass for 06/05/2019 (Vote 20-0; CC) HC 27 P. 6
May 21, 2019: Executive Session: 05/21/2019 11:00 am LOB 302
May 7, 2019: Full Committee Work Session: 05/07/2019 01:00 pm LOB 302
April 17, 2019: Full Committee Work Session: 04/17/2019 10:00 am LOB 302
April 16, 2019: Public Hearing: 04/16/2019 01:00 pm LOB 302
March 20, 2019: Introduced 03/20/2019 and referred to Commerce and Consumer Affairs HJ 11 P. 72
March 21, 2019: Ought to Pass: MA, VV; OT3rdg; 03/21/2019; SJ 9
March 21, 2019: Committee Report: Ought to Pass, 03/21/2019; Vote 5-0; CC SC 14
March 5, 2019: Hearing: 03/05/2019, Room 100, SH, 02:30 pm; SC 12
Jan. 3, 2019: Introduced 01/03/2019 and Referred to Commerce; SJ 4