HB 7015: Property Insurance Assignment Agreements
GENERAL BILL by Judiciary Committee ; Trumbull ; Grant, J. ; (CO-INTRODUCERS) Ahern ; Boyd ; Burgess ; Stevenson
Property Insurance Assignment Agreements; Authorizes insured & repair company to enter into assignment agreement for post-loss benefits to repair, replace, protect, & mitigate damaged property; requires notice of intent to initiate litigation & award of attorney fees for claims under assignment agreement; prohibits insurance policies from prohibiting assignment of post-loss benefits.
Effective Date: 7/1/2018
Last Action: 3/10/2018 Senate - Died in Banking and Insurance
Bill Text: PDF
Last Action: 3/10/2018 Senate - Died in Banking and Insurance
Bill Text: PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/20/2017 | House |
• Filed |
| 11/22/2017 | House |
• Referred to Calendar -HJ 242 |
| 1/8/2018 | House |
• Placed on Special Order Calendar, 01/11/18 |
| 1/9/2018 | House |
• Introduced -HJ 242 |
| 1/11/2018 | House |
• Read 2nd time -HJ 298 • Placed on 3rd reading |
| 1/12/2018 | House |
• Read 3rd time -HJ 329, 330 • Passed; YEAS 82 NAYS 20 -HJ 329, 330 |
| 1/24/2018 | Senate |
• In Messages |
| 1/30/2018 | Senate |
• Referred to Banking and Insurance; Judiciary; Rules -SJ 252 |
| 1/31/2018 | Senate |
• Received -SJ 252 |
| 3/10/2018 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Banking and Insurance |
