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NAMIC 2006 Survey of New State Insurance Laws Summary and Analysis

2006 SUMMARY OF NEW STATE LAWS - DISTRICT OF COLUMBIA

District of Columbia Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

56

117

Motor vehicle insurance -- miscellaneous

Requires the Metropolitan Police Department to prepare an annual report regarding motor vehicle insurance, requires the Mayor to submit the report to the District of Columbia Council, requires motor vehicle operators to produce proof of insurance on demand by law enforcement personnel, requires Metropolitan Police Officers to note insurance information in police reports for motor vehicle accidents. Effective: June 8, 2006.

202

55

Producer licensure -suspensions, revocations

Clarifies due process rights afforded to producers under the suspension and revocation provisions of the Producer Summary Suspension Amendment Act, provides the Commissioner of the Department of Insurance, Securities, and Banking with authority to suspend the certificate of authority of an individual or firm producer without giving notice if the Commissioner finds that the further transaction of business would be hazardous to the public, the policyholders, or the creditors of the producer. Effective: March 8, 2006.

206

139

Motor vehicle insurance - salvage title

Permits a company that stores an unclaimed vehicle that was in an accident, stolen, or abandoned to obtain a scrap title to allow it to use or sell the vehicle for parts. Effective: June 22, 2006.

208

144

Fraud

Clarifies he elements of and revise the penalties for first and second-degree insurance fraud. Effective: July 25, 2006.

810

593

Identity theft - security breach

Ensures that consumers are notified in the event that their personal data is released, compromised, or mishandled in such a way that increases the risk of identity theft, and to create a private right of civil action for consumers harmed by a breach of the security of personal data; provides for enforcement by the Attorney General. Effective: July 1, 2007.

811

594

Identity theft - security freeze

Provides consumers with a right to obtain a security freeze on a consumer report; clarifies the responsibilities of consumer reporting agencies to place and remove security freezes; creates a private right of civil action for consumers if a security freeze is lifted or removed improperly; provides the Attorney General with enforcement capabilities for the improper placement or removal of consumer-requested security freezes. Effective: July 1, 2007.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.