FILED ON: 1/27/2012

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3791

The Commonwealth of Massachusetts

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In the Year Two Thousand Twelve

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An Act relative to affiliate transfers.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 193P of chapter 175 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by inserting at the end thereof the following new paragraph: -  

Nothing in this section shall be construed to require notice if an insurer within the same group of insurers issues a succeeding policy to the insured that provides coverage on the same terms and conditions as the preceding policy.  Insurers that offer or issue a succeeding policy to the insured through a different company within the same company group must notify the insured in writing of any changes in coverage from the preceding policy at the time of issuance.

SECTION 2. Section 113F of chapter 175 of

the General Laws, as appearing in the 20010 Official Edition, is hereby amended by inserting in line 47 after the word “company.” the following new paragraph: -  

Nothing in this section shall be construed to require notice if an insurer within the same group of insurers issues a succeeding policy to the insured on the same terms and conditions as the preceding policy.  Insurers that offer or issue a succeeding policy to the insured through a different company within the same company group must notify the insured in writing of any changes in coverage from the preceding policy at the time of issuance.