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SB-878: Insurance Business Practices
SB-878 would require insurers to pay actual cash value or replacement costs for open fire insurance policies for the primary structure and other structures within 30 calendar days from the date of loss. Disputed amounts would also require payment within 30 calendar days of the event.
Apr 22
SB-877: Insurance Transparency
SB-877 would expand the definition of claim-related documents for residential property insurance. It would also make changes to the standard form for fire insurance.
Apr 22
SB-876: Fire and Residential Property Insurance
SB-876 requires insurers to pay actual cash value within 30 days, cover building code upgrades, and offer 50% extended replacement cost coverage, with added protections for fire-damaged properties.
Apr 22
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