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AIA Statement on New Hampshire Commercial Lines Modernization Bill

Contact: Marguerite Seidel
(202) 828-7196

CONCORD, N.H. – May 31, 2018 – The American Insurance Association issued the following statement to thank Governor Sununu for signing a commercial lines regulatory modernization bill (HB 1389), which goes into effect on July 24, 2018:

“A competitive, open insurance marketplace is essential to the well-being of any state’s business community,” said Alison Cooper, AIA’s vice president for state affairs, northeast region. “We applaud Governor Sununu, Commissioner Sevigny and his team, and New Hampshire’s policymakers for their commitment to this fact. We look forward to a swift implementation of this legislation.”

Background:  New Hampshire’s commercial modernization bill reduces the large commercial policyholder annual premium threshold from $50,000 to $25,000 and limits policy form filing requirements for 15 lines of business to submission for informational and auditing purposes only.

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The American Insurance Association (AIA) is the trade association for today’s leaders in the property-casualty insurance industry. Our members work each day to protect the American Dream, whether that’s a house, car, business or otherwise. Now more than 150 years old, AIA has an unparalleled record of advocating on state, federal and international issues for insurers and their customers. 

Our membership is comprised of more than 330 companies, collectively writing more than $134 billion in premiums each year.

We have the experience of a veteran organization coupled with the innovative ideas that drive our industry forward. AIA is leading the insurance industry into the second half of the 21st Century… today.


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Media Contacts

Maggie Seidel
VICE PRESIDENT, PUBLIC AFFAIRS
(202) 828-7196
mseidel@aiadc.org

Rachel Wallen
PUBLIC AFFAIRS MANAGER
(202) 828-7149
rwallen@aiadc.org

 

AIA MEDIA

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