House Bill 643 Residual Market Insurers

Bill Introduced

2025 Regular

Bill Summary

Revises circumstances under which insurance coverage is eligible for export; removes diligent effort & other requirements before insurance coverage is eligible for export; transfers to surplus lines insurance those provisions relating to liability of insureds & deductibles, insurers' duty to acknowledge communications regarding residential property insurance claims & investigations, notice of property insurance claim, suits arising under property insurance policy, surplus lines agent licenses & appointments, assignment agreements, nonjoinder of insurers, & representations in applications & warranties.

Subject

Some type of bill category

Sponsors

Snyder

Last Action

Now in Insurance & Banking Subcommittee on (2/26/2025)

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