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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.

Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Regulatory Affairs Committee
Bill Text: PDF

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  • 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

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  • CS/HB 1097, Committee Substitute 1 (Current Bill Version) Posted 1/29/2016 at 10:35 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 1/29/2016 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 596 (c1) Assignment or Transfer of Property Insurance Rights Hukill Compare Last Action: 3/11/2016 S Died in Judiciary
    Location: In committee/council (JU)

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. Page 5 (pdf)
    627.062 Rate standards. Page 7 (pdf)
    627.4225 Page 2 (pdf)
    627.70131 Insurer’s duty to acknowledge communications regarding claims; investigation. Page 7 (pdf)
    627.7142 Homeowner Claims Bill of Rights. Page 10 (pdf)

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  • HB 1097, Original Filed Version Posted 1/4/2016 at 2:58 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 596 Assignment or Transfer of Property Insurance Rights Hukill Similar Last Action: 3/11/2016 S Died in Judiciary
    Location: In committee/council (JU)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    455.227 Grounds for discipline; penalties; enforcement. Page 1 (pdf)
    627.70133 Page 2 (pdf)

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