The law takes effect July 1, 2015. AAIS will notify program affiliates by bulletin of filing action in affected lines.
Another law, also effective July 1, allow personal lines insurers to deliver policy documents electronically if the policyholder affirmatively elects electronic delivery. The provision applies to policies, endorsements, notices, and other documents.
That law also allows insurers to send notices of changes of policy terms separate from renewal notices, provided both are sent or transmitted at least 45 days before renewal. A policyholder's agent must be provided with a sample copy of a change in terms notice before or at the same time as notice is made to the insured.