General Bill
Insurance:
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
(No Related Bills On Record)
| 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:
__
|