SENATE BILL 437

Sponsored By:

Senator Stone

Entitled:

Homeowner's Insurance - Statements Regarding Coverages

Synopsis:

Requiring an insurer to provide a policyholder with a written annual statement that summarizes the coverages and exclusions under the policy; requiring specified insurers or insurance producers to provide applicants with specified statements regarding flood insurance and additional optional coverages at the time of initial application for specified insurance or at the time a specified policy is issued; etc.

History by Legislative Date

Senate Action

2/3

First Reading Finance

2/4

Hearing 2/22 at 1:00 p.m.

3/8

Unfavorable Report by Finance

4/7

Favorable with Amendments Report by Finance

4/5

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/6

Third Reading Passed (46-0)

House Action

4/3

First Reading House Rules and Executive Nominations

4/9

Re-referred Economic Matters

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

DISCLOSURE

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

NOTICES

REAL PROPERTY

Bill affects the following Statutes:

Insurance

( 19-201 , 19-201 , 19-205 , 19-206 , 19-207 )

Documents:

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

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

Senate

Number: 807173/01 (PDF)     Offered on: April 7, 2005   at: 12:30 p.m.     Status: Adopted

Roll Call Vote (Legislative date is shown):

Senate

April 6, 2005: Third Reading Passed (46-0)