SB 1174: Resolution of Disputed Property Insurance Claims
GENERAL BILL by Polsky
Resolution of Disputed Property Insurance Claims; Requiring, rather than authorizing, parties to a property insurance claims dispute to participate in mediation; providing that mediation is a condition precedent to commencing litigation; requiring, rather than authorizing, the Department of Financial Services to adopt certain rules; revising conditions under which a policyholder has a certain timeframe to rescind a settlement, etc. APPROPRIATION: $1,000,000
Effective Date: 1/1/2024
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
Bill History
Date | Chamber | Action |
---|---|---|
2/24/2023 | Senate |
• Filed |
3/2/2023 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy |
3/7/2023 | Senate |
• Introduced |
5/5/2023 | Senate |
• Died in Banking and Insurance |