HB 1141: Resolution of Disputed Property Insurance Claims
GENERAL BILL by Gottlieb
Resolution of Disputed Property Insurance Claims; Requires, rather than authorizes, parties to property insurance claims dispute to participate in mediation; provides that mediation is condition precedent to commencing litigation; provides that parties may mutually agree to conduct mediation by teleconference or by telephone; requires all insureds to personally attend mediation; revises & specifies duties as to bearing certain costs of mediation; requires, rather than authorizes, DFS to adopt certain rules; authorizes department to adopt certain emergency rules; requires policyholder to provide insurer with certain documents after mediation is invoked; revises conditions under which policyholder has certain timeframe to rescind settlement. APPROPRIATION: $1,000,000
Last Action: 5/5/2023 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
2/24/2023 | House |
• Filed |
3/6/2023 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
3/7/2023 | House |
• 1st Reading (Original Filed Version) |
5/5/2023 | House |
• Died in Insurance & Banking Subcommittee |