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NV AB466

NV AB466
Revises certain notice requirements imposed on an insurer who issues a policy of portable electronics insurance. (BDR 57-797)


summary

Introduced
03/17/2025
In Committee
05/16/2025
Crossed Over
04/23/2025
Passed
05/31/2025
Dead
Signed/Enacted/Adopted
05/31/2025

Introduced Session

83rd Legislature (2025)

Bill Summary

AN ACT relating to insurance; revising certain notice requirements imposed on an insurer who issues a policy of portable electronics insurance; and providing other matters properly relating thereto.

AI Summary

This bill modifies notice requirements for insurers offering portable electronics insurance by eliminating the previous requirement that electronic notices must be sent in accordance with specific regulations adopted by the Commissioner of Insurance. The bill clarifies that when an insurer sends notices electronically, they must follow existing general rules about electronic communication, which include ceasing electronic delivery if there is reason to believe the notice was not received or if an email address is no longer valid. Specifically, the bill allows insurers issuing portable electronics insurance policies to send required notices via electronic mail or other electronic means, with the same conditions that apply to other types of insurance communications. The changes affect how and when insurers must notify policyholders, enrolled customers, and vendors about policy changes, terminations, or other important information. Portable electronics insurance typically covers devices like smartphones, tablets, or other mobile electronic devices, and this bill aims to streamline and modernize the notification process for such insurance policies while maintaining consumer protection safeguards.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Chapter 176. (Effective October 1, 2025) (on 05/31/2025)

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