Relates to authorizing real estate value assurance insurance against loss of real estate value specifically attributable to local rezoning or significant changes in land use within their neighborhood that are not related to broader economic downturns.
Authorizes health insurers and health maintenance organizations, subject to the approval of the superintendent of financial services, to provide actuarially appropriate reductions in health insurance premiums or other benefits or enhancements for an enrollee's or insured's participation in a qualified wellness program.
Increases the number of properties eligible for the coastal market assistance program by providing eligibility to properties within one mile of the shore.
Establishes the insuring our future act to implement climate leadership and community protection act targets for insurers; establishes reporting requirements related to such targets; defines communities vulnerable to bluelining; identifies and protects such communities.
Requires certain health insurance policies to provide coverage for diabetes screening for people of Asian American or Pacific Islander descent if they have a body mass index of 23 or greater.
Authorizes the investigation of fraudulent activities with regard to individuals operating motor vehicles without insurance; increases the civil penalty for forging insurance documents; creates the crime of offering a false application for motor vehicle insurance or registration.
Enacts the "pediatric cancer neuropsychological needs assessment act"; requires insurers to provide coverage for neuropsychological assessments for children with pediatric cancers which affect brain development or function.
Authorizes a building construction, demolition and repair work insurance tax credit for certain qualifying insurance premium payments for personal injury liability insurance and property damage liability insurance.
Requires insurers to cover the substitution of a brand name prescription drug when the federal food and drug administration has declared that there is a supply issue with a generic drug.
Prohibits the application of fail-first or step therapy protocols to coverage for the diagnosis and treatment of serious mental health conditions; defines serious mental health condition.
Enacts the "Give Kids a Chance - Carter's Law" mandating health insurance coverage for congenital anomalies including certain reconstructive services, habilitative services, and inpatient and outpatient services.