New York S05130 mandates health and motor vehicle insurance policies to notify policyholders of cancellation, discontinuance, or major changes via.
New York S05130 amends the insurance law to require insurers to notify policyholders of any cancellation, discontinuance, or major changes to their health and motor vehicle insurance policies via email if the insurer has the policyholder's email address on file. The bill also mandates that insurers offer the option of paperless notification upon the issuance of such policies. This applies to all policies issued, renewed, modified, altered, or amended after the effective date of the act.
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- Critical Issues
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