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An Act Concerning Hurricane Deductibles
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  24-A MRSA §3061  is enacted to read:
§ 3061. Uniform policy standards concerning hurricane deductible programs
The superintendent shall adopt rules establishing procedures and standards for an insurer that uses a hurricane deductible program or programs regarding the applicability of hurricane deductibles. Procedures and standards must include without limitation uniform policy standards and the form of notice that the insurer must provide to the named insured under a policy subject to this subchapter issued by the insurer. Rules adopted pursuant to this section are routine technical rules as defined by Title 5, chapter 375, subchapter 2-A.
 
Effective 90 days following adjournment of the 126th Legislature, First Regular Session, unless otherwise indicated.