Amendment 2024-0762h to HB1259 (2024)

Relative to property and casualty insurance laws administered by the insurance department.


Revision: March 18, 2024, 12:27 p.m.

Rep. Hunt, Ches. 14

February 20, 2024

2024-0762h

05/02

 

 

Amendment to HB 1259

 

Amend the bill by inserting after section 4 the following and renumbering the original section 5 to read as 6:

 

5  New Subparagraph; Insurance Claims Adjusters; Definitions; Exemptions. Amend RSA 402-B:2, III by inserting after subparagraph (e) the following new subparagraph:

(f) A person who solely investigates, negotiates, settles, or completes a first notice of loss form for automobile glass replacement or repair claims.

2024-0762h

AMENDED ANALYSIS

 

This bill clarifies the distinction between personal and commercial lines in homeowners policies; permits the use of electronic communication for auditable basis policies; requires the insurer to state the specific reason for cancellation or refusal to renew a policy; and provides an exemption to the insurance claims adjusters statute for persons who solely handle automobile glass claims.