CS/SB 76: Residential Property Insurance
GENERAL BILL by Banking and Insurance ; Boyd
Residential Property Insurance; Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners’ policies, offers of replacement cost coverage, and offers of law and ordinance coverage do not prohibit insurers from providing specified property insurance policies by including roof surface reimbursement schedules; requiring notice of intent to initiate litigation; authorizing an insurer to request to inspect, photograph, or evaluate certain property, etc.
• Referred to Banking and Insurance; Judiciary; Rules
• On Committee agenda-- Banking and Insurance, 02/02/21, 3:30 pm, 412 Knott Building
• CS by Banking and Insurance; YEAS 9 NAYS 3
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Judiciary
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