Characterizes the failure of a homeowner's insurance policy to use matching principle in its interpretation of replacement cost coverage in its homeowner's insurance policy, as an unfair claim settlement practices.
Introduced on 3/4/26
Summary
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From the Legislature
INSURANCE -- UNFAIR CLAIMS SETTLEMENT PRACTICES ACT - Characterizes the failure of a homeowner's insurance policy to use matching principle in its interpretation of replacement cost coverage in its homeowner's insurance policy, as an unfair claim settlement practices.
Sponsors
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8
0
Democratic CaucusRepublican Caucus
Roll Call Votes
Senate Committee on Commerce: Be held for further study
10 Yea
RDDDDDDDDD0 Nay
1 Absent
DCalendar
Mar 31
12:00 AM
Senate Commerce Hearing