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Glossary of Legislative Terms

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
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)


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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