SB 423 - AS AMENDED BY THE SENATE
04/11/2024 1119s
04/11/2024 1390s
2024 SESSION
24-2989
05/10
SENATE BILL 423
AN ACT relative to mandatory disclosure of insurance policy limits.
SPONSORS: Sen. Carson, Dist 14; Sen. Birdsell, Dist 19; Sen. Soucy, Dist 18; Rep. Kuttab, Rock. 17; Rep. M. Smith, Straf. 10
COMMITTEE: Judiciary
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ANALYSIS
This bill requires insurers to disclose the liability coverage limits of an insurance policy upon request by a claimant or the claimant's attorney.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
04/11/2024 1119s
04/11/2024 1390s 24-2989
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to mandatory disclosure of insurance policy limits.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section. Amend RSA 264 by inserting after section 29 the following new section:
264:29-a Mandatory Disclosure.
I. Not later than 60 days after an insurer doing business in this state receives a written request by or on behalf of claimant or the claimant's attorney, because of personal injury, bodily injury, or death caused by a motor vehicle collision, the insurer shall disclose, in writing, all liability coverage limits applicable to the claim. The claimant or claimant’s attorney shall utilize the disclosure only in connection with the claim or lawsuit.
II. An insurer who fails to comply with this section is subject to a penalty of $500, plus reasonable attorney's fees and expenses incurred in obtaining the coverage limits.
2 Effective Date. This act shall take effect January 1, 2025.
| Date | Amendment |
|---|---|
| March 13, 2024 | 2024-1119s |
| April 5, 2024 | 2024-1390s |
| Date | Body | Type |
|---|---|---|
| Jan. 31, 2024 | Senate | Hearing |
| March 21, 2024 | Senate | Floor Vote |
| March 21, 2024 | Senate | Floor Vote |
| March 21, 2024 | Senate | Floor Vote |
| April 4, 2024 | Senate | Floor Vote |
| April 5, 2024 | Senate | Floor Vote |
| April 11, 2024 | Senate | Floor Vote |
| May 1, 2024 | House | Hearing |
April 15, 2024: Public Hearing: 05/01/2024 09:30 am LOB 302-304
April 12, 2024: Introduced 04/12/2024 and referred to Commerce and Consumer Affairs HJ 11
April 11, 2024: Ought to Pass with Amendments 2024-1119s and 2024-1390s, MA, VV; OT3rdg; 04/11/2024; SJ 9
April 11, 2024: Sen. Carson Floor Amendment # 2024-1390s, AA, VV; 04/11/2024; SJ 9
April 11, 2024: Committee Amendment # 2024-1119s, AA, VV; 04/11/2024; SJ 9
April 5, 2024: Committee Report: Ought to Pass with Amendment # 2024-1119s, 04/11/2024, Vote 3-2; SC 14A
April 5, 2024: Special Order to the Next Session, Without Objection, MA; 04/05/2024; SJ 8
March 21, 2024: Committee Report: Ought to Pass with Amendment # 2024-1119s, 04/05/2024, Vote 3-2; SC 13
March 21, 2024: Special Order to Next Session, Without Objection, MA; 03/21/2024; SJ 7
March 21, 2024: Committee Report: Ought to Pass with Amendment # 2024-1119s, 03/21/2024, Vote 3-2; SC 11
March 13, 2024: Committee Report: Ought to Pass with Amendment #2024-1119s, 03/21/2024, Vote 3-2; SC 11
Jan. 24, 2024: Hearing: 01/31/2024, Room 100, SH, 01:45 pm; SC 5
Dec. 12, 2023: To Be Introduced 01/03/2024 and Referred to Judiciary; SJ 1