Jun 20, 2016

New Hampshire legislative session comes to close

New Hampshire's 2015-16 legislative session has concluded. PIANH worked diligently during the session to ensure that the best interests of our members and their clients were represented throughout the legislative process. Notable legislation included:

• H.B.1410 modifies the applicability of certain motor vehicle insurance requirements. The most significant changes in this law broaden who is granted nonowned coverage in an auto policy. Under the new law, nonowned coverage is granted to residents of the named insured's household. Previously, the statute required only the named insured and his or her spouse to be covered;
• H.B.1459 makes technical changes to RSA Section 412, which deals with commercial coverage. Among the changes is a requirement that carriers now file with the New Hampshire Insurance Department insurance commissioner their predictive models, telematics models or other models that pertain to the formulation of rates and/or premiums; and
• H.B.1340 will add a new section to the Insurance Law pertaining to continuing legal education. Under the new law, producers now are required to complete 24 hours of continuing legal education instruction every two years. Of the 24 CE hours required, at least three, but no more than 10, hours must consist of courses approved for ethics credit. The exact same requirements for producer CE exist in regulation but the Joint Legislative Committee on Administrative Rules requested that the New Hampshire Insurance Department add a specific CE component to the New Hampshire producer statute.