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
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
2/7/2025 | House |
• Filed |
2/19/2025 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice & Claims Subcommittee • Referred to State Administration Budget Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
3/4/2025 | House |
• 1st Reading (Original Filed Version) |