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HB 1421: Property Insurance Assignment Agreements

GENERAL BILL by Grant, J. ; Plasencia

Property Insurance Assignment Agreements; Provides requirements & limitations of assignment agreements; provides court to award attorney fees in certain cases; provides burden of proof; provides payment obligations under assignment agreements; specifies certain residential property insurance policies may not prohibit assignment of post-loss benefits.

Effective Date: 7/1/2017
Last Action: 3/14/2017 House - Now in Commerce Committee -HJ 370
Location: In committee/council (COM)
Bill Text: PDF



Bill History

Date Chamber Action
3/7/2017 House • Filed
• Introduced -HJ 144
3/10/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 352
• On Committee agenda-- Insurance and Banking Subcommittee, 03/14/17, 2:00 pm, Sumner Hall
3/14/2017 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 1 -HJ 369
• Now in Commerce Committee -HJ 370