INSURANCE: Provides relative to hearings and delivery of notices

HB 605 is a technical amendment to an existing insurance law that changes the conditions under which hearings and notices are required. The bill replaces the word "whenever" with "if" to clarify when these procedures must occur, and it adds a new section outlining penalties for violations. These changes directly affect insurance companies and regulators by refining the rules for handling notices and potential legal consequences. The legislation does not create new insurance products or alter coverage standards, but rather adjusts the procedural framework for enforcement.