Bill Summary

HB 7015 Property Insurance Assignment Agreements (2018 Session)
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Sponsors
by Judiciary Committee, Trumbull, Grant (J) (RESIGNED) Co Sponsors: Ahern, Boyd, Burgess, Stevenson
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Summary
Property Insurance Assignment Agreements: Authorizes insured & repair company to enter into assignment agreement for post-loss benefits to repair, replace, protect, & mitigate damaged property; requires notice of intent to initiate litigation & award of attorney fees for claims under assignment agreement; prohibits insurance policies from prohibiting assignment of post-loss benefits. Effective Date: July 1, 2018
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committees of reference
Committee references not assigned.
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Actions
11/20/17
HOUSE 
Filed (Formerly PCB JDC1)
11/22/17
HOUSE 
Placed on Calendar, on 2nd reading
01/08/18
HOUSE 
Placed on Special Order Calendar, 01/11/18
01/11/18
HOUSE 
Read Second Time; Placed on Third Reading, 01/12/18
01/12/18
HOUSE 
Read Third Time; Passed (Vote: 82 Yeas / 20 Nays)
01/24/18
SENATE
In Messages
01/30/18
SENATE
Received; Referred to Banking and Insurance; Judiciary; Rules
03/10/18
SENATE
Indefinitely postponed and withdrawn from consideration
03/10/18
SENATE
Died in Banking and Insurance
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bill text & filed amendments
7015
Filed on 11/20/17
PDF
No amendments to this bill text filed.
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Statute Citations
627.7152
627.422