Bill
Bill > H1128
MA H1128
To protect consumers in the issuance of automobile insurance policies and bonds
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to provide information to consumers in the issuance of automobile insurance policies and bonds. Financial Services.
AI Summary
This bill aims to protect consumers in the issuance of automobile insurance policies and bonds. It proposes to amend the existing Massachusetts state law by requiring that any motor vehicle liability policy issued or delivered in the Commonwealth must conform to a standardized uniform policy text approved by the Commissioner of Insurance. The bill also requires that any changes to the coverage, conditions, or definitions in such policies must be approved by the Commissioner after a public notice and hearing process, and that the proposed changes must be reported to the Financial Services Committee of the General Court. Additionally, the bill specifies that the new requirements will apply to all motor vehicle liability policies issued on or after the effective date of the act.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H4691 (on 05/30/2024)
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/193/H1128 |
BillText | https://malegislature.gov/Bills/193/H1128.pdf |
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