SB 1240: Insurance Regulation
GENERAL BILL by Davis
Insurance Regulation; Making clarifying changes regarding the definition of residential coverage; prohibiting insurers from imposing or enforcing certain policy conditions or requirements; revising the conditions under which liability insurers may deny coverage based on a particular coverage defense; revising the timeframe in which insurers must pay or deny claims, etc.
Effective Date: 7/1/2026
Last Action: 3/13/2026 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 3/13/2026 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/6/2026 | Senate |
• Filed |
| 1/12/2026 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules |
| 1/13/2026 | Senate |
• Introduced |
| 3/13/2026 | Senate |
• Died in Banking and Insurance |