Insurance
Summary
Insurance; Creating the Property Insurance Commission; providing membership of the commission; providing for the election of the Commissioner of Insurance Regulation; requiring that interest earned on insurance proceeds received by mortgagees and assignees be paid to insureds; prohibiting property insurers from claiming insolvency under specified circumstances; prohibiting property insurers from using specified factors as a defense for denial of a claim, etc. APPROPRIATION: $300,000,000
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2024
Last action Mar 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 10, 2024
Introduced
Introduced
upper
Jan 10, 2024
Committee
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tracie Davis
DDemocratic
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