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SB-878: Insurance Business Practices

Apr 22
1 min read

Updated: 5 days ago

UPDATE: Passed the Senate on 5-26-26. Passed by the Assembly on 8-31-26. Vetoed by the Governor on 9-27-26. It has been sent back to the Senate for consideration.

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

This bill 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.




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