House Bill No. 6434, also known as Public Act No. 25-69, introduces several technical revisions to the insurance-related statutes. Key changes include the repeal of certain subsections and their replacement with updated language. For instance, the Insurance Commissioner is granted the authority to issue data calls and subpoenas, and any person ordered to produce documents must comply within thirty days. Additionally, the readability requirements for insurance policies have been clarified, specifying that policies must achieve a minimum score on the Flesch reading ease test and include a separate outline of coverage for individual health insurance policies.

Other notable amendments include the restructuring of the board of directors for the insurance association, allowing members to vote in person or by proxy, and the definition of "motor vehicle physical damage appraiser" has been refined. The bill also establishes penalties for violations of certain provisions, with fines up to two thousand dollars or imprisonment for up to one year. Furthermore, the definition of "major component parts" has been updated to align with existing statutes. Overall, these revisions aim to enhance the clarity and effectiveness of insurance regulations.

Statutes affected:
Raised Bill: 14-67h
INS Joint Favorable: 14-67h
File No. 51: 14-67h
Public Act No. 25-69: 14-67h