General Bill
Resolution of Disputed Property Insurance Claims:
Requires, rather than authorizes, parties to property insurance claims dispute to participate in mediation; provides that mediation is condition precedent to commencing litigation; removes provisions relating to eligibility of claims for mediation; provides that parties may mutually agree to conduct mediation by teleconference or by telephone; requires all insureds, or representative thereof, to personally attend mediation; revises & specifying duties as to bearing certain costs of mediation; requires, rather than authorizing, DFS to adopt certain rules; emergency rules; requires policyholder to provide insurer with certain documents within certain timeframe after mediation is invoked; revises conditions under which policyholder has certain timeframe to rescind settlement.
Effective Date:
January 1, 2025
Last Event:
Died in Insurance & Banking Subcommittee on Friday, March 8, 2024 2:25 PM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
SB 178
|
Subject:
Resolution of Disputed Property Insurance Claims
|
Relationship:
Identical
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Insurance & Banking Subcommittee
|
Time:
03/08/2024 - 2:25 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Now in Insurance & Banking Subcommittee
|
Time:
01/13/2024 - 9:37 AM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Referred to Commerce Committee
|
Time:
01/13/2024 - 9:37 AM
|
Member:
|
Committee:
Commerce Committee
|
Version:
__
|
|
Event:
H Referred to State Administration & Technology Appropriations Subcommittee
|
Time:
01/13/2024 - 9:37 AM
|
Member:
|
Committee:
State Administration & Technology Appropriations Subcommittee
|
Version:
__
|
|
Event:
H Referred to Insurance & Banking Subcommittee
|
Time:
01/13/2024 - 9:37 AM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
01/09/2024 - 11:31 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Filed
|
Time:
01/06/2024 - 6:02 PM
|
Member:
Waldron
|
Committee:
|
Version:
__
|