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Glossary of Legislative Terms

HB 459: Resolution of Disputed Property Insurance Claims

GENERAL BILL by Spencer

Resolution of Disputed Property Insurance Claims; Requires, rather than authorizes, parties in property insurance claim 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 other electronic means; requires all insureds, or their representatives, to personally attend mediation; revises & specifies duties relating to bearing certain costs of mediation; requires policyholder to provide insurer with any information & certain documents within specified timeframe after mediation is invoked; revises conditions under which policyholder has certain timeframe to rescind settlement. APPROPRIATION: $1,000,000

Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect July 1, 2025, this act shall take effect January 1, 2026
 Last Action: 2/7/2025 House - Filed
Bill Text: PDF


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Bill History

Date Chamber Action
2/7/2025 House • Filed