Bill Text | History of Actions | Amendments | Background | Title |
Description: Insurance; require timely payment of property/casualty claims.
Bill Text: [Introduced] [Passed House]
| 1 | 01/16 (H) Referred To Sel Cmte on Hurricane Recovery | |
| 2 | 01/31 (H) Title Suff Do Pass | |
| 3 | 02/09 (H) Amended | |
| 4 | 02/09 (H) Passed As Amended | |
| 5 | 02/13 (H) Transmitted To Senate | |
| 6 | 02/15 (S) Referred To Insurance | |
| 7 | 02/28 (S) Died In Committee |
| Adopted | [H] | Amendment No 1 |
| Effective date | July 1, 2006 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Senate Committee:
Principal Author: Compretta
Additional Authors: Bentz, Fleming
Title: AN ACT TO PROVIDE THAT INSURANCE COMPANIES MUST PAY ON A TIMELY BASIS THE BENEFITS PROVIDED UNDER THE TERMS OF AUTOMOBILE, HOMEOWNERS, AND FLOOD, HURRICANE OR WINDSTORM INSURANCE POLICIES, OR IN THE ALTERNATIVE, PAY INTEREST ON CLAIMS NOT PAID ON A TIMELY BASIS; TO PROVIDE CONDITIONS UNDER WHICH THE PAYMENT OF CLAIMS SHALL NOT BE CONSIDERED TO BE UNTIMELY; TO PROVIDE FOR THE CALCULATION OF INTEREST ON CLAIMS THAT ARE NOT PAID ON A TIMELY BASIS; AND FOR RELATED PURPOSES.
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2006/html/History/HB/HB1321.htm