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  • NJ A2159
  • Prohibits use of anti-concurrent causation clauses in homeowners insurance policies.
Introduced
(1/27/2016)
In Committee
(1/27/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill prohibits the use of "anti-concurrent causation" clauses in homeowners insurance policies issued in the State. Currently, homeowners insurance companies are allowed to use these clauses in their policies with the result that, in situations in which a covered cause of loss or damage occurs concurrently or in any sequence with a non-covered cause of loss or damage, coverage for the entire loss or damage can be excluded and claims can be denied. This bill would end that practice by prohibiting the use of anti-concurrent causation clauses in homeowners insurance policies and providing that any such provision to exclude coverage shall be void and unenforceable. Homeowner insurance coverage controversies tend to arise with respect to anti-concurrent causation clauses in connection with water and wind damage from hurricanes and other extreme weather events.
Financial Institutions and Insurance
Introduced, Referred to Assembly Financial Institutions and Insurance Committee  (on 1/27/2016)
 
 

Date Chamber Action Description
1/27/2016 A Introduced, Referred to Assembly Financial Institutions and Insurance Committee
Date Motion Yea Nay Other
None specified