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CS/CS/HB 669: Assignment of Post-loss Insurance Policy Benefits

GENERAL BILL by Civil Justice Subcommittee ; Insurance and Banking Subcommittee ; Tobia

Assignment of Post-loss Insurance Policy Benefits; Provides that assignment or agreement that transfers authority to adjust, negotiate or settle claim is void; prohibits assignment of insurable interest except to subsequent purchasers after loss; authorizes insurance policy to prohibit assignment of post-loss benefits; provides exceptions.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Regulatory Affairs Committee
Bill Text: PDF

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  • Bill History

  • CS/CS/HB 669, Committee Substitute 2 (Current Bill Version) Posted 3/24/2015 at 5:53 PM

  • CS/HB 669, Committee Substitute 1 Posted 3/18/2015 at 6:42 PM

  • HB 669, Original Filed Version Posted 2/9/2015 at 6:08 PM