Bill Text | History of Actions | Background | Title |
Description: Auto insurance; require determination of loss to be based on certain nationally recognized auto valuation systems.
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: Wells-Smith
Title: AN ACT TO REQUIRE INSURANCE ADJUSTERS TO DETERMINE THE VALUE OF AUTOMOBILE LOSS BASED ON CERTAIN NATIONALLY RECOGNIZED AUTO VALUATION SYSTEMS USED TO ASSESS THE VEHICLE'S MARKET VALUE IMMEDIATELY BEFORE THE ACCIDENT; TO REQUIRE INSURERS TO COMPENSATE INSURED PERSONS AT A RATE COMPARABLE TO THE RATE ASSIGNED BY A NATIONALLY RECOGNIZED VALUATION SYSTEM; TO ASCRIBE DEFINITIONS FOR CERTAIN TERMS; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB1319.htm