summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to the homeowners' fire insurance policies. Financial Services.
AI Summary
This bill amends Section 193P of Chapter 175 of the General Laws to require insurance companies to provide written notice to homeowners at least 60 days prior to the expiration of a fire insurance policy, if the company intends not to renew or reissue the policy. The notice must include the reasons for the non-renewal or cancellation and measures the homeowner can take to mitigate those reasons. The bill also grants the Division of Insurance the authority to promulgate regulations to enforce these provisions.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied a study order, see S2543 (on 02/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S635 |
| Bill | https://malegislature.gov/Bills/191/S635.pdf |
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