HB 15B (2023) -  Insurance

by Driskell (CO-SPONSORS) Arrington; Bracy Davis; Casello; Cassel; Cross; Daley; Eskamani; Gottlieb; Harris; Hinson; Joseph; Robinson, F.
Creates Property Insurance Commission; provides for election of Commissioner of Insurance Regulation; revises homeowners' eligibility criteria for mitigation grants; requires interests earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; requires property insurers to cap premiums or to create sliding fee scales for premium rates; prohibits property insurers from using certain defenses as claims denials; revises requirements for risk assignment agreements; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to specified program.
Effective Date: July 1, 2023
Last Event: Died, introduction refused on Friday, February 10, 2023 11:43 AM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died, introduction refused Time: 02/10/2023 - 11:43 AM Member: Committee: Version: __
Event: H Introduction refused Time: 02/06/2023 - 1:09 PM Member: Committee: Version: __
Event: H Filed Time: 02/06/2023 - 12:20 PM Member: Driskell Committee: Version: __

Statutes Referenced by this Bill