HB 459
Property Insurance Claims
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Property Insurance Claims; Establishes mandatory procedure for resolution of disputed property insurance claims; requires insurers to notify policyholders of mandatory procedure; requires DFS to prepare consumer information pamphlet to be provided to policyholders; authorizes policyholder or insurer to file petition with Division of Administrative Hearings to resolve certain claims; specifies that parties to claim must bear cost of certain conferences; requires administrative law judge to dismiss petitions that do not contain specified information; requires that petition include certain certification; specifies that dismissal of petition or portion of petition is without prejudice & does not require hearing; requires insurer to pay requested claim or file response to petition within specified timeframe; requires administrative law judge to make final determination of total coverage amount within specified timeframe; requires such amount to be paid in specified manner.
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