Bill Text: NH HB430 | 2014 | Regular Session | Amended

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Bill Title: Requiring insurance companies sending out solicitations for insurance to include a disclosure on such solicitations.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Engrossed - Dead) 2014-04-17 - Inexpedient to Legislate, Motion Adopted, Voice Vote === BILL KILLED ===; Senate Journal 9 [HB430 Detail]

Download: New_Hampshire-2014-HB430-Amended.html

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HB 430 – AS AMENDED BY THE HOUSE

29Jan2014… 1708h

2013 SESSION

13-0589

01/09

HOUSE BILL 430

AN ACT requiring insurance companies sending out solicitations for insurance to include a disclosure on such solicitations.

SPONSORS: Rep. Chirichiello, Rock 6; Rep. D. Thompson, Rock 6; Rep. J. Webb, Rock 6

COMMITTEE: Commerce and Consumer Affairs

AMENDED ANALYSIS

This bill requires insurance companies sending out solicitations for insurance to include a disclosure on such solicitations.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

29Jan2014… 1708h

13-0589

01/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT requiring insurance companies sending out solicitations for insurance to include a disclosure on such solicitations.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Life Insurance; Solicitations for Insurance. Amend RSA 408 by inserting after section 11 the following new section:

408:11-a Advertisements. Any solicitation for insurance authorized to be sold in New Hampshire under authority of RSA 401:1, III which is sent through the United States Postal Service, targeted primarily, but not solely to New Hampshire consumers over age 60, and which invites the consumer to send his or her contact information to the insurer or any person acting on behalf of the insurer using a pre-paid response card, shall include the following disclosure or a substantially similar disclosure, conspicuously on the mailing: “This is a solicitation for insurance. You do not have to respond. If you have questions and are a New Hampshire resident, contact the New Hampshire Insurance Department at__________________.” The solicitation shall include the address and toll-free number for the New Hampshire insurance department.

2 Effective Date. This act shall take effect 60 days after its passage.