SENATE DOCKET, NO. 25 FILED ON: 1/7/2011
SENATE . . . . . . . . . . . . . . No. 439
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The Commonwealth of Massachusetts
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PRESENTED BY:
Michael O. Moore
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to the delivery of loss information to an insured from commercial insurers.
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PETITION OF:
Name: | District/Address: |
Michael O. Moore |
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John P. Fresolo | 16th Worcester |
SENATE DOCKET, NO. 25 FILED ON: 1/7/2011
SENATE . . . . . . . . . . . . . . No. 439
By Mr. Moore, a petition (accompanied by bill, Senate, No. 439) of Michael O. Moore and John P. Fresolo for legislation to deliver loss information to an insured from commercial insurers. Financial Services. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1039 OF 2009-2010.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An Act relative to the delivery of loss information to an insured from commercial insurers.
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 163 of chapter 175 of the General Laws, as so appearing in the 2004 Official Edition, is hereby amended by adding the following paragraph:-
Upon the cancellation or non-renewal of a commercial insurance policy, or upon renewal of a commercial insurance policy where there is a significant increase in premium or change in coverage or conditions, the insurer shall upon the written request by the first-named insured or such insured's authorized licensed insurance producer, mail or deliver loss information covering the period of time coverage has been provided by the insurer within ten days of such request.