AN ACT CONCERNING ELECTRONIC POSTING OF CERTAIN DOCUMENTS BY INSURERS, NONRENEWAL OR CANCELLATION OF PROPERTY AND CASUALTY INSURANCE POLICIES, FEDERAL HOME LOAN BANKS AND THE INSURERS REHABILITATION AND LIQUIDATION ACT, HYPOTHECATION OF ASSETS AND SURPLUS LINES INSURANCE.

HB 6981 allows property and casualty insurers in Connecticut to electronically deliver policies and endorsements to customers instead of mailing paper copies, but only with the customer's explicit consent. Insurers must provide clear instructions for accessing documents online, offer free paper copies upon request, retain records for five years after policy expiration, and honor opt-out requests at any time. The bill also extends similar electronic communication rules to health insurance policies (effective 2026) and updates notice requirements for policy cancellations or nonrenewals. These changes apply directly to insurers and policyholders, aiming to modernize document delivery while ensuring access to physical copies.