SB-878: Insurance Business Practices

2 days ago
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UPDATE: This bill was amended in Senate on 4-6-26.

SB-878 was introduced by Senator Perez and Co-Authored by Senator Allen on 1-6-26.

This bill would require insurers to pay penalties and interest at a rate of 20% per year, along with attorney’s fees, to fire insurance claims that fail to meet state-mandated deadlines. It would also require insurers to submit prompt-payment compliance data reports to the Department of Insurance under penalty of perjury.

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SB-878: Insurance Business Practices

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