SENATE BILL 585

Sponsored By:

Senators Stone, Della, Grosfeld, Hughes, and Jacobs

Entitled:

Homeowner's Insurance - Notice Concerning Flood Insurance

Synopsis:

Requiring specified insurers to provide applicants with written notice that states that a standard homeowner's insurance policy does not cover losses from flood; specifying the contents of the notice; requiring insurers, at the time of renewal, to provide policyholders who have not purchased flood insurance with a specified notice; etc.

History by Legislative Date

Senate Action

2/6

First Reading Finance

2/25

Hearing 3/9 at 1:00 p.m.

4/12

Favorable with Amendments Report by Finance

4/9

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/10

Third Reading Passed (45-0)

House Action

4/10

First Reading House Rules and Executive Nominations

4/12

Re-referred Economic Matters

Sponsored by:

Senator Norman R. Stone, Jr., District 6

Senator George W. Della, Jr., District 46

Senator Sharon M. Grosfeld, District 18

Senator Ralph M. Hughes, District 40

Senator Nancy Jacobs, District 34

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

DISCLOSURE

INSURANCE ADMINISTRATION

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

NOTICES

REAL PROPERTY

RULES AND REGULATIONS

Bill affects the following Statute:

Insurance

( 19-204 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 107675/01 (PDF)     Offered on: April 12, 2004   at: 4:41 p.m.     Status: Adopted

Roll Call Vote (Legislative date is shown):

Senate

April 10, 2004: Third Reading Passed (45-0)