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Bill > H939


MA H939

MA H939
Relative to greater fairness in insurance


summary

Introduced
01/22/2019
In Committee
03/02/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to prohibit the use of certain discretionary authority by insurers. Financial Services.

AI Summary

This bill aims to prohibit the use of certain discretionary authority by insurers in Massachusetts. Specifically, it prohibits insurers from including provisions in their policies, contracts, or agreements that give them discretion to determine eligibility for benefits or interpret the terms of the policy. This is intended to prevent insurers from having a deferential standard of review by courts. The bill also requires the Commissioner of Insurance to not approve any policies that include such discretionary provisions. The bill is designed to promote greater fairness in the insurance industry for Massachusetts residents.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (3)

Last Action

Reporting date extended to Thursday December 31, 2020, pending concurrence (on 06/22/2020)

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