Revises certain notice requirements imposed on an insurer who issues a policy of portable electronics insurance. (BDR 57-797)

Existing law requires an insurer who issues a policy of portable electronics insurance to provide certain notices that are required to be provided to an enrolled customer, vendor or other policyholder to be: (1) mailed or delivered; or (2) sent by electronic mail or other electronic means in accordance with regulations adopted by the Commissioner of Insurance. (NRS 691D.330) Existing law requires any insurer to cease delivering any notice or other document by electronic means, and to use an alternative delivery method, if the insurer: (1) attempts to deliver a notice or other document by electronic means and has a reasonable basis to believe that the notice or other document was not received by the party; or (2) becomes aware that the electronic mail address provided by the party is no longer valid. (NRS 680A.560) This bill eliminates the requirement that an insurer who issues a policy of portable electronics insurance and who sends certain notices by electronic mail or other electronic means do so in accordance with regulations adopted by the Commissioner. This bill additionally specifies that the requirements setting forth the circumstances under which an insurer is required to cease delivering a notice or document by electronic means applies to an insurer who issues a policy of portable electronics insurance.