The start of a new year brings with it an enormous number of introduced bills for the insurance industry to identify and track just in case some of these become enacted. As expected, many of the recently introduced bills potentially affect insurers' underwriting and claims processes.
Electronic Document Delivery
Insurers' operational efficiencies goals in both underwriting and claims often embrace electronic alternatives, including electronic delivery of certain insurance documents. Last year, the industry witnessed Delaware's HB 223, effective May 22, 2012, which allowed for insurance notices and documents to be delivered by electronic means in accordance with the specified conditions.
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