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  • CS/SB 76: Residential Property Insurance. GENERAL BILL by Banking and Insurance; Boyd Residential Property Insurance; Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners’ policies, offers of replacement.
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CS/CS/SB 76: Property Insurance

GENERAL BILL by Judiciary ; Banking and Insurance ; Boyd ; (CO-INTRODUCERS) Brandes

Property Insurance; Prohibiting a person from providing claims adjusting services unless the person meets specified requirements; providing that, for certain attorney fees awarded for claims arising under surplus lines property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners’ policies, offers of replacement cost coverage, and offers of law and ordinance coverage do not prohibit insurers from providing specified property insurance policies by including roof surface reimbursement schedules; requiring notice of intent to initiate litigation, etc.

Effective Date: 7/1/2021
Last Action: 3/11/2021 Senate - Now in Rules
Bill Text:Web Page PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)


Bill History

DateChamberAction
1/25/2021Senate • Filed
• Referred to Banking and Insurance; Judiciary; Rules -SJ 42
• On Committee agenda-- Banking and Insurance, 02/02/21, 3:30 pm, 412 Knott Building
2/2/2021Senate • CS by Banking and Insurance; YEAS 9 NAYS 3 -SJ 178
2/4/2021Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Judiciary
3/2/2021Senate • Introduced -SJ 41
• CS by Banking and Insurance read 1st time -SJ 164
3/4/2021Senate • On Committee agenda-- Judiciary, 03/09/21, 11:45 am, 412 Knott Building
3/9/2021Senate • CS/CS by Judiciary; YEAS 7 NAYS 3
3/10/2021Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/11/2021Senate • Now in Rules

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