Bill

Bill > SB124


NH SB124

Adopting omnibus legislation relative to insurance.


summary

Introduced
02/03/2021
In Committee
05/26/2021
Crossed Over
03/31/2021
Passed
07/01/2021
Dead
Signed/Enacted/Adopted
07/13/2021

Introduced Session

2021 Regular Session

Bill Summary

This bill adopts legislation relative to: I. Travel insurance. II. Domestic insurance company investments. III. Self-service storage insurance. IV. Medicare supplemental insurance.

AI Summary

This bill adopts omnibus legislation relative to: I. Travel insurance, which creates a comprehensive legal framework for the sale of travel insurance in New Hampshire, including requirements for limited lines travel insurance producers and travel retailers, and regulates the marketing and sales practices for travel insurance and travel protection plans. II. Domestic insurance company investments, which expands the types of derivative transactions that an insurer may use, subject to certain limitations. III. Self-service storage insurance, which establishes procedures for owners of self-storage facilities to sell property insurance to their renters, and requires them to obtain a limited lines license to do so. IV. Medicare supplemental insurance, which prohibits issuers from continuing to charge a disabled member over age 65 the under age 65 premium.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Part IV Effective 01/01/2022 (on 07/13/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...