Legislation
- Title
- Homeowner's Insurance - Anti-Concurrent Causation Clause - Notice and Study
- Sponsored by
- Delegate Rudolph
- Status
- Approved by the Governor - Chapter 383
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring an insurer that issues a policy of homeowner's insurance in the State that contains an anti-concurrent causation clause to provide a policyholder with a notice; providing that the notice is not part of the policy or contract of insurance and does not create a private right of action; requiring specified committees of the General Assembly to study the handling by insurers and the National Flood Insurance Program of property insurance claims in cases where two or more factors could affect or cause the loss; requiring a report; etc.
Committees
- Original:
- Economic Matters Click to view Recorded Media
- Opposite:
- Finance Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): June 1, 2013
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(
19-215 )
Last Updated: 2/3/2020 2:27 PM