Gov. Parnell Signs Insurance Bills

Posted: May 24, 2013 at 6:00 am

Two bills, sponsored by Soldotna’s Rep. Kurt Olson, were signed into law yesterday afternoon, changing definitions and practices for insurers.

 

Representative Olson said HB 175 will allow insurers to provide copies of policies in three ways — by mailing them, delivering them, or if the insurer agrees, by posting the policies and endorsements on the insurer’s website.

 

Rep. Olson(R-Soldotna): “What this will allow is the insurers to provide the information on the internet without names or any social security numbers, or any personal information, but with a password. So if somebody is traveling, or away from their home or business, they can check what they have on their policies.”

 

HB 168  clarifies the definition of travel insurance and seller qualifications, which Governor Parnell said would ease the regulatory burdens for travel agents and provide better protections for Alaskans.

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