SB 1318: Property Loss Appraisals
GENERAL BILL by Fasano
Property Loss Appraisals; Requiring Citizens Property Insurance Corporation’s plan of operation to provide for the adoption of policy forms that require compliance with certain conditions and procedures relating to the participation of umpires and appraisers in the loss appraisal process under certain circumstances; providing that either party may submit a written demand to enter into the process of appraisal when the insured and the corporation fail to mutually agree to the actual cash value, the amount of loss, or the cost of repair or replacement of property for which a claim has been filed; providing an exception upon which the corporation may refuse to accept such demand, etc.
Senate Committee References: Banking and Insurance (BI) , Budget (BC)
Last Action: 03/09/2012 Died in Banking and Insurance
Effective Date: July 1, 2012
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/19/2011 | Senate | • Filed |
| 01/11/2012 | Senate | • Referred to Banking and Insurance; Budget -SJ 144 |
| 01/13/2012 | Senate | • Introduced -SJ 144 |
| 03/09/2012 | Senate | • Died in Banking and Insurance |
