SB 1498: Sinkhole Insurance
GENERAL BILL by Brandes
Sinkhole Insurance; Providing that an insurer must pay for stabilizing a structure if a sinkhole loss is verified, using a stabilization method that includes a specified type of warranty; requiring a policyholder who is paid by an insurer to stabilize a structure to repair the sinkhole; providing that a specified report to determine the presence or absence of sinkhole loss or other cause of damage is to be considered the jointly owned property of the insurer and the policyholder, etc.
Effective Date: 7/1/2013
Last Action: 5/3/2013 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/3/2013 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/2/2013 | Senate |
• Filed |
| 3/7/2013 | Senate |
• Referred to Banking and Insurance; Rules -SJ 170 • Introduced -SJ 170 |
| 4/4/2013 | Senate |
• On Committee agenda-- Banking and Insurance, 04/09/13, 1:30 pm, 110 Senate Office Building --Not Considered |
| 5/3/2013 | Senate |
• Died in Banking and Insurance |
