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OK SB696

Bill

Status

Passed

4/19/2013

Primary Sponsor

Bill Brown

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Property and casualty insurance companies may post standard policies and endorsements on their website instead of mailing or delivering them, provided the policies do not contain personally identifiable information.

  • Insurers must ensure policies are easily accessible, allow customers to print and save electronic copies, and archive all policies for five years after expiration.

  • Insurers must provide notice at policy issuance and renewal explaining how customers can obtain paper or electronic copies of their specific policy and endorsements at no charge.

  • Declaration pages must clearly identify which policy and endorsement forms were purchased by each insured customer.

  • The act becomes effective November 1, 2013.

Legislative Description

Insurance; allowing for property and casualty policies to be posted on insurer's website. Effective date.

Insurance

Last Action

Approved by Governor 04/18/2013

4/19/2013

Committee Referrals

Insurance3/14/2013
Insurance2/11/2013
Rules2/5/2013

Full Bill Text

No bill text available