NY Bill A3028 Promises to Revolutionize How Insurers Share Your Data!
New York’s groundbreaking Bill A3028, sponsored by Dilan O’Pharrow, has just been delivered to the governor for approval. This legislation enables domestic insurance companies to make selected records accessible through electronic means, marking a significant step toward modernizing the insurance industry’s data handling practices. The bill aims to enhance efficiency and ease of access for both insurers and policyholders alike.
If signed into law, this move could drastically reduce paperwork and streamline the way insurance records are shared and reviewed. Customers can potentially benefit from faster claim processing and easier access to their policy information. The bill’s passage reflects a growing push towards digital transformation within state-regulated industries, signaling new opportunities as well as challenges in data security and privacy.
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