CS/HB 1097: Insurance Claims
GENERAL BILL by Insurance and Banking Subcommittee ; Caldwell
Insurance Claims; Provides requirements under property insurance policy for post-loss assignment of claims or policy provisions not related to liability coverage; provides requirements for an agreement to assign such claims; provides limitations on assignee's rights to collect money from, sue, or claim lien on property of, policyholder; revises timeframe for paying undisputed benefits owed under first-party property insurance policies; authorizes an insurer to require notice of loss within specified time; revises timeframes for an insurer to acknowledge communications, begin investigations, & pay or deny claims; authorizes insurer to limit scope of certain repairs; revises Homeowner Claims Bill of Rights to conform to changes made by act.
Last Action: 3/11/2016 House - Died in Regulatory Affairs Committee
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
1/4/2016 | House |
• Filed |
1/12/2016 | House |
• Introduced -HJ 94 |
1/13/2016 | House |
• Referred to Insurance and Banking Subcommittee; Regulatory Affairs Committee -HJ 200 |
1/21/2016 | House |
• PCS on Committee agenda-- Insurance and Banking Subcommittee, 01/25/16, 12:30 pm, Sumner Hall |
1/25/2016 | House |
• CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0 -HJ 307 |
1/29/2016 | House |
• Pending review of CS under Rule 7.19(c) • CS by Insurance and Banking Subcommittee read 1st time -HJ 320 |
2/1/2016 | House |
• Now in Regulatory Affairs Committee -HJ 363 |
3/11/2016 | House |
• Died in Regulatory Affairs Committee |