SENATE BILL 721

File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 904

Sponsored By:

Senator Stone

Entitled:

Homeowner's Insurance - Action for Bad Faith Settlement of or Bad Faith Failure to Settle a Claim

Synopsis:

Establishing specified procedures for specified insureds to bring a civil action for damages against a specified insurer for a bad faith settlement of or bad faith failure to settle a claim made under a policy of homeowner's insurance; requiring an insured to send written notice of the insured's intent to file a specified action to a specified insurer at least 30 days before the action is filed; authorizing an insurer to request that an insured allow an inspection of the insured property and provide specified evidence; etc.

History by Legislative and Calendar Date

Senate Action

2/8

First Reading Senate Rules

2/16

Re-referred Judicial Proceedings & Finance

Hearing 3/6 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Civil Actions -see also- Small Claims

Consumer Protection -see also- Unfair Trade Practices

Damages

Inspections -see also- Motor Vehicle Inspection

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Notices

Personal Property

Real Property

Bill affects the following Statute:

Insurance

( 19-208 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered