CS/HB 1097 (2016) -  Insurance Claims

General Bill by Insurance & Banking Subcommittee and Caldwell
Insurance Claims: Provides requirements under property insurance policy for post-loss assignment of claims or policy provisions not related to liability coverage; provides requirements for an agreement to assign such claims; provides limitations on assignee's rights to collect money from, sue, or claim lien on property of, policyholder; revises timeframe for paying undisputed benefits owed under first-party property insurance policies; authorizes an insurer to require notice of loss within specified time; revises timeframes for an insurer to acknowledge communications, begin investigations, & pay or deny claims; authorizes insurer to limit scope of certain repairs; revises Homeowner Claims Bill of Rights to conform to changes made by act.
Effective Date: July 1, 2016
Last Event: Died in Regulatory Affairs Committee on Friday, March 11, 2016 6:45 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 596 Subject: Assignment or Transfer of Property Insurance Rights Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Insurance & Banking Subcommittee 1/29/2016 10:41:17 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/22/2016 6:12:34 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Regulatory Affairs Committee Time: 03/11/2016 - 6:45 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Now in Regulatory Affairs Committee Time: 02/01/2016 - 4:40 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 02/01/2016 - 4:40 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H 1st Reading Time: 01/29/2016 - 3:12 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/29/2016 - 10:35 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 01/29/2016 - 10:35 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/27/2016 - 8:37 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/25/2016 - 8:21 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 01/21/2016 - 3:41 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 01/13/2016 - 1:13 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Filed Time: 01/04/2016 - 2:58 PM Member: Caldwell Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
626.9541 CS/CS/CS/HB 221, HB 997, SB 1112, CS/CS/CS/SB 1442
627.062 CS/CS/CS/HB 651, CS/CS/SB 1274*, CS/CS/HB 1327*
627.4225
627.70131
627.7142

(*) Not the latest version