Supporters tell Senate panel SB 244 would standardize travel-insurance rules and add consumer protections The Senate Transportation Committee heard testimony March 31 on SB 244, a bill that adopts a nationwide model for travel insurance; industry witnesses and the insurance director said it clarifies definitions, requires disclosures (including a 10'15-day free-look refund), and codifies premium-tax treatment.

Alaska is on the verge of revolutionizing travel insurance with Senate Bill 244, promising clearer rules and stronger consumer protections!

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#AK #ConsumerDisclosures #InsuranceReform #TravelSafety #CitizenPortal #AlaskaConsumerProtection

Committee advances travel‑insurance bill to clarify consumer protections The committee recommended passage of SF 3779 to adopt a regulatory framework for travel insurance, including disclosures, a free‑look refund period and a ban on illusory coverage, with industry and commerce witnesses supporting the measure.

A new travel insurance bill aims to enhance consumer protections and clarify responsibilities, paving the way for safer journeys!

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#MN #ConsumerDisclosures #CitizenPortal #TravelProtection #MinnesotaConsumerProtection #InsuranceRegulation

Committee approves Banking Departments housekeeping bill adding elder- fraud holds, Bitcoin kiosk rules and litigation-finance oversight A legislative committee voted to advance LC620310S, the Georgia Department of Banking and Finances annual housekeeping substitute, which would let trained financial-institution staff place discretionary holds to block suspected elder financial exploitation, require registration and consumer disclosures for virtual-currency kiosks, and tighten annual registration and screening of litigation financiers.

Georgia's new banking bill aims to protect vulnerable adults from financial scams while introducing crucial regulations for Bitcoin kiosks and tightening oversight on litigation financiers.

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#GA #ConsumerDisclosures #CitizenPortal #GeorgiaElderly #ElderFraudPrevention