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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.

Effective Date: 7/1/2018
Last Action: 1/31/2018 Senate - Received -SJ 252
Bill Text: PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)



Bill History

Date Chamber Action
11/20/2017 House • Filed
11/22/2017 House • Referred to Calendar -HJ 242
1/8/2018 House • Placed on Special Order Calendar, 01/11/18
1/9/2018 House • Introduced -HJ 242
1/11/2018 House • Read 2nd time -HJ 298
• Placed on 3rd reading
1/12/2018 House • Read 3rd time -HJ 329, 330
• Passed; YEAS 82 NAYS 20 -HJ 329, 330
1/24/2018 Senate • In Messages
1/30/2018 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 252
1/31/2018 Senate • Received -SJ 252