SB 1174: Resolution of Disputed Property Insurance Claims
GENERAL BILL by Polsky
Resolution of Disputed Property Insurance Claims; Requiring, rather than authorizing, parties to a property insurance claims dispute to participate in mediation; providing that mediation is a condition precedent to commencing litigation; requiring, rather than authorizing, the Department of Financial Services to adopt certain rules; revising conditions under which a policyholder has a certain timeframe to rescind a settlement, etc. APPROPRIATION: $1,000,000
Effective Date: 1/1/2024
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
-
Bill History
Date Chamber Action 2/24/2023 Senate • Filed
3/2/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/7/2023 Senate • Introduced
5/5/2023 Senate • Died in Banking and Insurance
-
SB 1174, Original Filed Version (Current Bill Version) Posted 2/24/2023 at 12:50 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1141 Resolution of Disputed Property Insurance Claims Gottlieb Identical Last Action: 5/5/2023 H Died in Insurance & Banking Subcommittee 
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 1 (pdf) 627.7074 Alternative procedure for resolution of disputed sinkhole insurance claims. Page 7 (pdf)