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CS/CS/CS/SB 122: Insurance Assignment Agreements

GENERAL BILL by Rules ; Judiciary ; Banking and Insurance ; Broxson ; (CO-INTRODUCERS) Hooper ; Simmons ; Stewart

Insurance Assignment Agreements; Providing requirements and limitations for property insurance assignment agreements; providing that an acceptance by an assignee of an assignment agreement is a waiver by the assignee and its subcontractors of certain claims against an insured; authorizing insurers to make available property insurance policies restricting the assignment of post-loss benefits under certain conditions; providing that residential or commercial property insurance policies may not prohibit the assignment of post-lost benefits, etc.

Effective Date: 7/1/2019
Last Action: 4/22/2019 Senate - CS/CS/CS by Rules read 1st time -SJ 380
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)



Bill History

Date Chamber Action
12/3/2018 Senate • Filed
1/10/2019 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 41
1/22/2019 Senate • On Committee agenda-- Banking and Insurance, 01/22/19, 12:30 pm, 412 Knott Building --Discussed/Workshop
1/28/2019 Senate • On Committee agenda-- Banking and Insurance, 02/04/19, 4:00 pm, 412 Knott Building --Discussed/Workshop
2/11/2019 Senate • On Committee agenda-- Banking and Insurance, 02/11/19, 4:30 pm, 412 Knott Building --Temporarily Postponed
2/25/2019 Senate • On Committee agenda-- Banking and Insurance, 03/04/19, 3:30 pm, 412 Knott Building
3/4/2019 Senate • CS by Banking and Insurance; YEAS 5 NAYS 3 -SJ 187
3/5/2019 Senate • Introduced -SJ 41
3/6/2019 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/7/2019 Senate • Now in Judiciary
• CS by Banking and Insurance read 1st time -SJ 187
3/13/2019 Senate • On Committee agenda-- Judiciary, 03/18/19, 4:00 pm, 110 Senate Building
3/18/2019 Senate • CS/CS by Judiciary; YEAS 5 NAYS 1 -SJ 257
3/20/2019 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Rules
3/21/2019 Senate • CS/CS by Judiciary read 1st time -SJ 259
4/12/2019 Senate • On Committee agenda-- Rules, 04/17/19, 2:00 pm, 110 Senate Building
4/17/2019 Senate • CS/CS/CS by- Rules; YEAS 11 NAYS 6
4/18/2019 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading
4/18/2019 Senate • Placed on Special Order Calendar, 04/23/19
4/22/2019 Senate • CS/CS/CS by Rules read 1st time -SJ 380