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CS/CS/HB 669: Assignment of Post-loss Insurance Policy Benefits

GENERAL BILL by Civil Justice Subcommittee ; Insurance and Banking Subcommittee ; Tobia

Assignment of Post-loss Insurance Policy Benefits; Provides that assignment or agreement that transfers authority to adjust, negotiate or settle claim is void; prohibits assignment of insurable interest except to subsequent purchasers after loss; authorizes insurance policy to prohibit assignment of post-loss benefits; provides exceptions.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Regulatory Affairs Committee
Bill Text: PDF



Bill History

Date Chamber Action
2/9/2015 House • Filed
2/18/2015 House • Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Regulatory Affairs Committee -HJ 55
3/3/2015 House • Introduced -HJ 55
3/16/2015 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/18/15, 8:00 am, Sumner Hall
3/18/2015 House • CS by Insurance and Banking Subcommittee; YEAS 10 NAYS 3 -HJ 275
• Pending review of CS under Rule 7.19(c)
3/19/2015 House • Now in Civil Justice Subcommittee -HJ 274
• CS by Insurance and Banking Subcommittee read 1st time -HJ 271
3/20/2015 House • PCS on Committee agenda-- Civil Justice Subcommittee, 03/24/15, 8:00 am, Sumner Hall
3/24/2015 House • CS/CS by Civil Justice Subcommittee; YEAS 12 NAYS 0 -HJ 305
• Pending review of CS under Rule 7.19(c)
3/25/2015 House • CS/CS by Civil Justice Subcommittee read 1st time -HJ 299
3/26/2015 House • Now in Regulatory Affairs Committee -HJ 326
4/28/2015 House • Died in Regulatory Affairs Committee