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SB-878: Insurance Business Practices

  • Apr 22
  • 1 min read

Updated: Apr 27

UPDATE: This bill was introduced on 1-6-26. It was approved by the Committee on Insurance and passed the Committee on Appropriations on 4-23-26.

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

This bill would require insurers to pay 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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