NJ LEG Portable Electronics Insurance

Updated on: Nov 20, 2024

Latest Event


  • Nov. 2024 NJ LEG Bill Approval
  • On Nov. 18, 2024, NJ LEG bill approved by governor, assigned Public Law 2024, c.90.
  • Bill takes effect 180 day following the date of enactment, effective on May 17, 2025.

On Sep. 27, NJ LEG passed bill on portable electronics insurance.

  • NJ LEG passed bill SB 1325 to authorizes electronic delivery of documents relating to portable electronics insurance, and requires ceasing e-delivery in some circumstances.
  • Bill amends NJ INS 17:22A-56 regarding the rights, responsibilities of insurers.
  • Bill Provisions
  • Authorizes the delivery of notices for to portable electronics insurance by email.
  • Portable electronics insurers are required to cease delivering by email any notice or other document and deliver it by another delivery method under certain conditions.
  • If insurer attempts to deliver by email a notice or document and has a reasonable basis to believe that the notice or document was not received by enrolled customer.
  • Or, if the insurer becomes aware that the email address provided is no longer valid.
  • Legislative History
  • On Jan. 9, 2024, bill introduced in Senate; on Feb. 12, 2024, bill passed in Senate.
  • On Feb. 12, 2024, bill introduced in House; on Sep. 26, 2024, bill passed in House.
  • Effectiveness
  • If becomes law, bill will take effect 180 day following the date of enactment.
  • Nov. 2024 NJ LEG Bill Approval
  • On Nov. 18, 2024, NJ LEG bill approved by governor, assigned Public Law 2024, c.90.
  • Bill takes effect 180 day following the date of enactment, effective on May 17, 2025.
Regulators
NJ LEG
Entity Types
Ins
Reference
P.L.2024 c.90., 11/18/2024; Bills, S1325, 9/27/2024; Citation: NJ INS 17:22A-56;
Functions
Claims/Accelerated Benefits; Compliance; Legal; Product Administration; Reporting
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Property
Rule Type
Final
Regions
Am
Rule Date
Sep 27, 2024
Effective Date
May 17, 2025
Rule ID
227895
Linked to
N/A
Reg. Last Update
Nov 18, 2024
Report Section
US Insurance