HB 7015: Property Insurance Assignment Agreements
GENERAL BILL by Judiciary Committee ; Trumbull ; Grant, J. ; (CO-INTRODUCERS) Ahern ; Boyd ; Burgess ; Stevenson
Property Insurance Assignment Agreements; Authorizes insured & repair company to enter into assignment agreement for post-loss benefits to repair, replace, protect, & mitigate damaged property; requires notice of intent to initiate litigation & award of attorney fees for claims under assignment agreement; prohibits insurance policies from prohibiting assignment of post-loss benefits.
Last Action: 1/12/2018 House - Passed; YEAS 82 NAYS 20 -HJ 329, 330
Bill Text: PDF
• Referred to Calendar -HJ 242
• Placed on Special Order Calendar, 01/11/18
• Introduced -HJ 242
• Read 2nd time -HJ 298
• Placed on 3rd reading
• Read 3rd time -HJ 329, 330
• Passed; YEAS 82 NAYS 20 -HJ 329, 330
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