Legislature(2013 - 2014)BELTZ 105 (TSBldg)

04/06/2013 09:00 AM LABOR & COMMERCE


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ HB 71 AK REGIONAL ECONOMIC ASSISTANCE PROGRAM TELECONFERENCED
Moved CSHB 71(FIN) Out of Committee
-- Public Testimony --
+ HB 175 ELECTRONIC POSTING OF INSURANCE POLICIES TELECONFERENCED
Heard & Held
-- Public Testimony --
+ HB 168 TRAVEL INSURANCE TELECONFERENCED
Heard & Held
-- Public Testimony --
Bills Previously Heard/Scheduled
        HB 175-ELECTRONIC POSTING OF INSURANCE POLICIES                                                                     
                                                                                                                                
9:11:15 AM                                                                                                                    
CHAIR DUNLEAVY  announced the  consideration of  HB 175.  "An Act                                                               
allowing,  under  certain  conditions,  a  property  or  casualty                                                               
insurer to  provide policies  and endorsements  to an  insured by                                                               
posting the  policies and endorsements on  the insurer's Internet                                                               
website." He  noted that CSHB  175(L&C) was before  the committee                                                               
and that this was the first hearing.                                                                                            
                                                                                                                                
9:11:50 AM                                                                                                                    
KONRAD JACKSON, Staff, Representative  Kurt Olson, explained that                                                               
HB  175  would permit  insurers  to  post standard  property  and                                                               
casualty  insurance policies  and endorsements  on the  insurer's                                                               
website. Current law in all  50 states requires companies to mail                                                               
or deliver  policies to their customers.  These on-line documents                                                               
would contain  no personally identifiable  information. Consumers                                                               
would have  easy access  to those documents  which would  make it                                                               
easy to  shop for  coverage or  file a claim.  A change  from the                                                               
original version clarifies that  paper contracts will continue to                                                               
be available without an additional fee.                                                                                         
                                                                                                                                
9:14:09 AM                                                                                                                    
SENATOR MICCICHE asked  where the bill says there  wouldn't be an                                                               
additional charge for mailing.                                                                                                  
                                                                                                                                
MR. JACKSON  clarified that  the bill  doesn't attempt  to change                                                               
anything about  mailing costs. The  intent is to make  sure there                                                               
is no fee to receive a paper copy.                                                                                              
                                                                                                                                
SENATOR STEDMAN  asked if Alaska was  the first of the  50 states                                                               
to do this.                                                                                                                     
                                                                                                                                
MR.  JACKSON  replied that  all  states  require the  mailing  or                                                               
delivery  of   policies,  and  about  16   states  are  currently                                                               
providing an electronic option.                                                                                                 
                                                                                                                                
9:16:03 AM                                                                                                                    
CHAIR DUNLEAVY opened public testimony.                                                                                         
                                                                                                                                
9:16:32 AM                                                                                                                    
MARTIN   HESTER,   Deputy   Director,  Division   of   Insurance,                                                               
Department  of  Commerce,   Community  and  Economic  Development                                                               
(DCCED), introduced himself.                                                                                                    
                                                                                                                                
SENATOR   STEDMAN  asked   the  department's   position  on   the                                                               
legislation and if there had been input from the public.                                                                        
                                                                                                                                
MR. HESTER  affirmed that  this legislation  has been  enacted in                                                               
several other  states. He explained  that it does not  remove the                                                               
requirement  for  the  insurer   to  provide  the  insured  their                                                               
declarations  page,  which  has personal  information.  The  bill                                                               
provides  an additional  method of  delivery for  the insured  to                                                               
access  the policy,  although  the insured  may  still request  a                                                               
paper copy.  He relayed  that the Division  of Insurance  sees no                                                               
difficulty with the language proposed in HB 175.                                                                                
                                                                                                                                
9:18:13 AM                                                                                                                    
CHAIR DUNLEAVY stated he would hold  HB 175 in committee and keep                                                               
public testimony open.                                                                                                          
                                                                                                                                

Document Name Date/Time Subjects
HB175 ver P .pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Sponsor Statement.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Fiscal Note-DCCED-DOI-03-22-13.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Supporting Documents-Sample Declaration Page.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Supporting Documents-AK PGR Policy Contract.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Supporting Documents-Letter NAMIC 3-26-2013.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
HB175 Supporting Documents-Written Testimony of Joshua M Zielaskiewicz.pdf SL&C 4/6/2013 9:00:00 AM
HB 175
CSHB 168v.O.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
HB 168 v.C.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
CSHB 168 Sponsor Statement.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
HB 168-Supporting Document- ASTA Letter.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
HB 168 Sectional Analysis.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
HB 168 Explaination of Changes.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
HB168 Fiscal Note-DCCED.pdf SL&C 4/6/2013 9:00:00 AM
HB 168
USTIA-One-pager presentation.pdf SL&C 4/6/2013 9:00:00 AM
HB 168