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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

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  • 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

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  • CS/CS/HB 669, Committee Substitute 2 (Current Bill Version) Posted 3/24/2015 at 5:53 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1064 (c1) Insurance Claims Hukill Similar Last Action: 5/1/2015 S Died in Judiciary
    Location: In committee/council (JU)

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    626.854 “Public adjuster” defined; prohibitions. Page 1 (pdf)
    627.405 Insurable interest; property. Page 2 (pdf)
    627.422 Assignment of policies. Page 2 (pdf)

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  • CS/HB 669, Committee Substitute 1 Posted 3/18/2015 at 6:42 PM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 3/24/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1064 Assignment of Post-loss Insurance Policy Benefits Hukill Compare Last Action: 5/1/2015 S Died in Judiciary
    Location: In committee/council (JU)

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    626.854 “Public adjuster” defined; prohibitions. Page 1 (pdf)
    627.405 Insurable interest; property. Page 2 (pdf)
    627.422 Assignment of policies. Page 2 (pdf)
    627.70131 Insurer’s duty to acknowledge communications regarding claims; investigation. Page 4 (pdf)
    627.7142 Homeowner Claims Bill of Rights. Page 6 (pdf)

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  • HB 669, Original Filed Version Posted 2/9/2015 at 6:08 PM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 3/18/2015 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1064 Assignment of Post-loss Insurance Policy Benefits Hukill Similar Last Action: 5/1/2015 S Died in Judiciary
    Location: In committee/council (JU)
    S 1210 Attorney Fees in Certain Lawsuits Decided Against Insurers Hays Compare Last Action: 5/1/2015 S Died in Banking and Insurance
    Location: In committee/council (BI)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.422 Assignment of policies. Page 1 (pdf)
    627.428 Attorney’s fee. Page 2 (pdf)

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