Skip to Content

Session Law

2012

Jump to:

Chapter 188 AN ACT RELATIVE TO THE TRANSFER OF CERTAIN INSURANCE POLICIES AMONG CERTAIN INSURANCE COMPANY AFFILIATES.

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 113F of chapter 175 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by inserting after the fourth paragraph the following 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 shall notify the insured in writing of any changes in coverage from the preceding policy at the time of issuance.

SECTION 2. Section 193P of said chapter 175, as so appearing, is hereby amended by adding the following 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 shall notify the insured in writing of any changes in coverage from the preceding policy at the time of issuance.

Approved, August 1, 2012.


Error