SB 328: Applicability of Valued Policy Law to Surplus Lines Insurers
GENERAL BILL by Garcia
Applicability of Valued Policy Law to Surplus Lines Insurers; Requiring surplus lines insurers to comply with the valued policy law under certain circumstances; defining the term “insurer” to include surplus lines insurers for the purpose of the valued policy law, etc.
Effective Date: 7/1/2025
Last Action: 2/3/2025 Senate - Referred to Banking and Insurance; Judiciary; Rules
Bill Text: Web Page | PDF
Last Action: 2/3/2025 Senate - Referred to Banking and Insurance; Judiciary; Rules
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
Bill History
Date | Chamber | Action |
---|---|---|
1/27/2025 | Senate |
• Filed |
2/3/2025 | Senate |
• Referred to Banking and Insurance; Judiciary; Rules |