SB 1174 (2023) -  Resolution of Disputed Property Insurance Claims

by Polsky
Requiring, rather than authorizing, parties to a property insurance claims dispute to participate in mediation; providing that mediation is a condition precedent to commencing litigation; requiring, rather than authorizing, the Department of Financial Services to adopt certain rules; revising conditions under which a policyholder has a certain timeframe to rescind a settlement, etc.
Effective Date: 01/01/2024
Last Event: 05/05/23 S Died in Banking and Insurance on Friday, May 5, 2023 10:59 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Appropriations Committee on Agriculture, Environment, and General Government
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance Time: 05/05/2023 - 10:59 AM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 03/07/2023 - 10:45 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Time: 03/02/2023 - 11:24 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 02/24/2023 - 12:50 PM Member: Committee: Version: __

Statutes Referenced by this Bill