Bill Text | History of Actions | Background | Title |
Description: Insurance; require timely payment of property/casualty claims.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Insurance | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Holland
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 FOR THE CALCULATION OF INTEREST ON CLAIMS THAT ARE NOT PAID ON A TIMELY BASIS; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB1280.htm