On December 22, 2021, New York State Governor Kathy Hochul signed Senate Bill S653A which amends the New York Insurance Law by adding Section 3458 regarding the electronic delivery of property and casualty insurance notices.
Section 3458 grants the delivery of notices and documents by electronic means – e.g., the delivery of a record via email or a website/application – the same effect as delivery by any other method required under law, including without limitation, delivery by first class mail. The foregoing would apply to all property and casualty insurance notices to be delivered through electronic means provided that:
With respect to the delivery of cancellation notices, non-renewal notices and conditional renewal notices, Section 3458 also requires that the subject line and body of the electronic communication clearly and conspicuously alerts the recipient to the importance of the communication and the type of notice being delivered to such party electronically.
Before Section 3458, the New York Insurance Law permitted the delivery of notices and documents by electronic means only where the consumer gave affirmative consent and where the governing statute or regulation did not require delivery by other means (e.g., mail). Section 3458 will take effect on March 22, 2022.
The post New York State Law Regarding Electronic Delivery of Insurance Notices to Take Effect March 22 appeared first on Insurance & Reinsurance.
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